Brief: Softing Q1 operating EBIT down at 0.8 million euros
02/05/2016 16:50
May 2 (Reuters) - Softing AG SYTG.DE :
* Q1 revenue rose to 17.9 million euros ($20.61 million)
(previous year: 17.3 million euros)
* Q1 orders on hand remained strong at 9.7 million euros
(previous year: 9.2 million euros)
* Expects Q2 to be stronger than Q1
* Confirms previous forecast for 2016
* Q1 operating EBIT fell to 0.8 million euros (previous
year: 1.4 million euros)
* In Automotive segment, will realize a number of extensive
product and project deliveries in coming weeks
* Most revenue in 2016 will again be generated in third and
fourth quarters
Source text for Eikon: ID:nEQ6XwF5ba
Further company coverage: SYTG.DE
($1 = 0.8686 euros)
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