Brief: Schaltbau Group Q1 net result swings to loss EUR 1.5 mln

Schaltbau Holding AG

11/04/2016 10:36

April 11 (Reuters) - Schaltbau Holding Ag  SLTG.DE  
    * Schaltbau Group in line with forecast in first quarter 2016 
    * Q1 sales growth of 9 per cent to around 117 million euros ($133.16 million) 
    * Q1 EBIT of 4.0 million euros (2015: 8.4 million euros) 
    * Q1 net loss of 1.5 million euros (Q1 2015: group net profit of 3.8 million euros) 
    * Reaffirms its targets for full year 
 
Source text for Eikon:  ID:nEQ3BnTLLa  
Further company coverage:  SLTG.DE  
 
($1 = 0.8787 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))