Brief: Schaltbau Holding Signs Contract For Disposal Of Pintsch Bubenzer

Schaltbau Holding AG

25/01/2018 06:30

Jan 25 (Reuters) - SCHALTBAU  SLTG.DE : 
    * DGAP-NEWS: SCHALTBAU HOLDING AG: SCHALTBAU SIGNS CONTRACT 
FOR 
THE DISPOSAL OF PINTSCH BUBENZER 
    * COMPLETION OF TRANSACTION EXPECTED UNTIL END OF FEBRUARY 
2018 
    * TRANSACTION COSTS TO GIVE RISE TO SCHALTBAU WRITE-DOWNS OF 
BELOW 
EUR 1 MILLION TO PINTSCH BUBENZER'S BOOK VALUE 
    * TRANSACTION COSTS STILL BE RECORDED IN FISCAL YEAR 2017 
    * CONFIRMS PREVIOUSLY FORECAST EBIT OF AT LEAST EUR 2 
MILLION FOR 
FULL YEAR 2017 
    * SEES FY 2017 SALES JUST BELOW EUR 520-540 MILLION FORECAST 
PUBLISHED MOST RECENTLY 
 
Source text for Eikon:  ID:nEQ6xmz8ga  
Further company coverage:  SLTG.DE  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;))