Brief: Softing Q1 revenue up at 19.8 mln euros
02/05/2017 09:39
May 2 (Reuters) - Softing AG SYTG.DE :
* Q1 revenue rose to 19.8 million euros ($21.61
million)(previous year: 17.9 million euros), equivalent to
organic growth of 11%
* In Q1 orders on hand grew by more than 50% to 14.6 million
euros (previous year: 9.7 million euros)
* Q1 incoming orders increased by 23% to an impressive 21.8
million euros(previous year: 17.7 million euros)
* First-Quarter EBIT was just 0.5 million eueos(previous
year: 0.7 million euros)
* Raises annual revenue forecast to around 85 million euros
and confirming our EBIT guidance of around 6 million euros for
2017
Source text for Eikon: ID:nEQ17YVNw
Further company coverage: SYTG.DE
($1 = 0.9163 euros)
(Gdynia Newsroom)
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