Brief: Ringmetall FY EBIT up at 6.4 million euros

Ringmetall SE

20/03/2017 11:58

March 20 (Reuters) - Ringmetall AG  HP3G.DE  
    * FY consolidated sales revenues rose by 41.5 percent in 
past year to 94.4 million euros ($101.49 million) (2015: 66.7 
million euros) 
    * FY earnings before taxes und interest (EBIT) soared to 6.4 
million euros (2015: 1.4 million euros) 
    * For full fiscal year 2017, management board of ringmetall 
group expects an organic increase in sales to 98.0 - 103.0 
million euros as well as a rise in EBITDA to 11.5 - 13.0 million 
euros 
    * "In 2017, we want to take advantage of attractive market 
environment and continue to grow both organically and through 
acquisition" 
 
Source text for Eikon:  ID:nEQ3rlxNj  
Further company coverage:  HP3G.DE  
 
($1 = 0.9301 euros) 
 
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