Brief: Schaltbau Holding: expected FY operating loss of EUR 15-17 mln

Schaltbau Holding AG

15/02/2017 07:12

Feb 15(Reuters) - Schaltbau Holding AG  SLTG.DE : 
    * Said on Tuesday according to prelim and as yet unaudited 
    * figures, is expected to close FY with operating loss 
(EBIT) in range of 15 million to 17 million euros, with group 
revenue at 509 million euros ($538.27 million) 
    * Said a corresponding loss for the year is expected 
    * Said loss in the 2016 financial year following revaluation 
of foreign activities 
    * Said Schaltbau Group's liquidity is not affected by the 
revaluation 
    * Said expects Group revenue for 2017 of between 520 million 
and 540 million euros, with an EBIT margin between 3 % and 4% 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEQ2XBqC2 
     
 Further company coverage:  SLTG.DE   
    
 
 
 
($1 = 0.9456 euros) 
 
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