Brief: Schaltbau Group confirms turnaround targets for 2017

Schaltbau Holding AG

26/04/2017 09:31

April 26 (Reuters) - Schaltbau Holding AG  SLTG.DE : 
    * Shaltbau group confirms turnaround targets for 2017 
    * Guidance for 2017 confirmed: group sales between 520 million and 540 million euros and an 
EBIT margin between three and four percent 
    * FY order intake for Schaltbau Group rose by 7.7 per cent to 551.2 million euros ($600.92 
million) 
    * FY group sales rose by 1.4 percent to total 509.1 million euros 
    * One-Time, non-cash-relevant items lead to negative EBIT of 14.5 million euros and negative 
earnings per share for 2016 
    * FY earnings per share were therefore negative at minus 2.61 euros 
 
Source text for Eikon:  ID:nEQ85k5Zv  
Further company coverage:  SLTG.DE  
 
($1 = 0.9173 euros) 
 
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