Brief: Sabaf Q3 net profit rises to EUR 2.4 mln

Sabaf SpA

08/11/2016 11:32

Nov 8 (Reuters) - Sabaf SpA  SABF.MI : 
    * Q3 sales revenue 33.2 million euros versus 32.1 million euros a year ago 
    * Q3 net profit 2.4 million euros versus 2.3 million euros a year ago 
    * Expects Q4 sales in line with Q4 2015 
    * Sees FY 2016 sales at about 132 million euros, down between 4 percent and 5 percent year 
on year 
    * Foresees that for full year 2016 gross operating margin (EBITDA %) will total a value 
similar to 2015, when it amounted to 19 percent 
    * Expects to be able to reach in FY 2017 sales of around 140 million euros and improved 
operating margins compared to 2016 
 
Source text for Eikon:  ID:nBIA081a6  
Further company coverage:  SABF.MI  
 
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