Brief: Schaltbau Group adjusts sales forecast, reaffirms earnings target

Schaltbau Holding AG

25/07/2016 13:18

July 25 (Reuters) - Schaltbau Holding AG  SLTG.DE : 
    * Adjusts sales forecast and reaffirms earnings target 
    * Q2 sales 130.2 million euros ($142.96 million) versus 128.1 million euros year ago 
    * In Q2, order intake rose to 163.6 million euros, 23.8 percent up on figure recorded one 
year earlier 
    * Achieved improved EBIT in Q2 of 8.4 million euros compared with first three months of year 
    * Order intake reached 319.1 million euros for six-month period, 23 percent up on comparable 
period for 2015 
    * Sales target for full year 2016 is being moderately adjusted downwards from around 550 
million euros to 530 million euros 
    * Reaffirms its earnings target for full year, assuming no additional delays in call-offs 
need to be taken into account or if a way is found of exiting PSD project in Sao Paulo 
 
Source text for Eikon:  ID:nEQ2wt97la  
Further company coverage:  SLTG.DE  
 
($1 = 0.9107 euros) 
 
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