Brief: Schweizer Electronic FY EBITDA Up At EUR 9.2 Mln

Schweizer Electronic AG

17/04/2019 15:18

April 17 (Reuters) - SCHWEIZER ELECTRONIC AG  SWEGn.DE :
    * CONFIRMS TURNOVER GROWTH OF 3.7 PERCENT FOR 2018
    * FY TURNOVER ROSE TO 125.3 MILLION EURO
    * FY EBITDA IMPROVED BY 9.5 PERCENT TO 9.2 MILLION EURO
    * FY ORDER BOOK CAME UP TO 171.2 MILLION EURO
    * FY GROUP EBIT (EARNINGS BEFORE INTEREST AND TAXES)
AMOUNTED TO
1.6 MILLION EURO (2017: 0.3 MILLION EURO)
    * WILL SUGGEST A DIVIDEND OMISSION TO PUT FUNDS THUS
RELEASED INTO
GROWTH INVESTMENT IN CHINA
    * FY GROSS PROFIT AMOUNTED TO 18.6 MILLION EURO (2017: 19.0
MILLION EURO)
    * SEES  EBITDA MARGIN OF BETWEEN 4 - 6 PERCENT IN 2019,
WHICH IS
EQUIVALENT TO AN EBITDA OF BETWEEN 5 AND 7 MILLION EURO

Source text for Eikon:  ID:nEQ5hqmH1a 
Further company coverage:  SWEGn.DE 

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