Brief: Ringmetall FY Sales Up By 8.0% At EUR 110.5 Mln

Ringmetall SE

07/03/2019 06:08

March 7 (Reuters) - Ringmetall AG  HP3G.DE :
    * FY GROUP SALES INCREASED BY 8.0 PERCENT TO EUR 110.5 MILLION (2017: EUR 102.3 MILLION)
    * FY AEBITDA OF EUR 12.5 MILLION AT LOWER END OF FORECAST RANGE
    * OUTLOOK 2019: PLANS TO CONTINUE TO GROW THROUGH ACQUISITIONS OF PROFITABLE COMPANIES IN
ATTRACTIVE MARKETS
    * EXPECTS GROUP SALES TO AMOUNT TO EUR 120.0 MILLION AND EUR 130.0 MILLION IN 2019
    * OUTLOOK 2019: EBITDA OF BETWEEN EUR 12.0 MILLION AND EUR 14.0 MILLION

Source text for Eikon:  ID:nEQ9tXV9fa 
Further company coverage:  HP3G.DE 

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