Brief: Schaltbau Sees 2019 Sales Between EUR 480 Mln To EUR 500 Mln

Schaltbau Holding AG

02/04/2019 06:40

April 2 (Reuters) - SCHALTBAU HOLDING AG  SLTG.DE :
    * FINISHES FISCAL YEAR 2018 AS EXPECTED WITH GOOD PROGRESS
AND
PREDICTS SIGNIFICANTLY HIGHER PROFITABILITY FOR 2019
    * ORDER INTAKE ON A COMPARABLE BASIS REACHES RECORD LEVEL OF
EUR
553.9 MILLION, 8.4% HIGHER THAN PREVIOUS YEAR
    * GROUP REVENUE FOR 2018 ON A COMPARABLE BASIS UP BY 12.1%
YEAR-ON-YEAR TO EUR 477.7 MILLION, EBIT BEFORE EXCEPTIONAL ITEMS
AMOUNTS TO EUR 16.0 MILLION OR 3.3% OF REVENUE
    * 2019 EBIT MARGIN FORECAST IN REGION OF 5-6%
    * IN 2019 SCHALTBAU GROUP EXPECTS TO GENERATE SALES IN
REGION OF
EUR 480-500 MILLION WITH AN EBIT MARGIN BEFORE EXCEPTIONAL ITEMS
OF APPROXIMATELY 5-6%

Source text for Eikon:  ID:nEQ68KYlya 
Further company coverage:  SLTG.DE 

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