Brief: Sabaf Q4 revenues down 1.5 pct at EUR 32.9 mln, 2017 off to positive start
14/02/2017 11:32
Feb 14 (Reuters) - Sabaf SpA SABF.MI
* FY revenue 131 million euros ($139.16 million), down 5.1 percent year on year
* Q4 revenue 32.9 million euros, down 1.5 percent year on year
* Q4 net profit 2.7 million euros versus 1.3 million euros a year ago
* 2017 got off to a positive start and sales in the first quarter are expected to increase
with double-digit growth compared with 2016
* For the whole of 2017, the group expects to be able to reach sales of around 140 million
euros and increasing operating margins compared with 2016
Source text for Eikon: ID:nBIAbzfl48
Further company coverage: SABF.MI
($1 = 0.9414 euros)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))