Picture of Softing AG logo

SYT Softing AG News Story

0.000.00%
de flag iconLast trade - 00:00
TechnologyAdventurousMicro CapNeutral

Brief: Softing Q1 turnover up 8 pct to 17.3 mln euros

May 6 (Reuters) - Softing AG  SYTG.DE : 
    * Q1 turnover up 8 pct to 17.3 million euros ($19.43 
million) 
    * Q1 EBIT increased to 1.15 million euros (previous year: 
1.0 million euros) 
    * Q1 after tax profit of 0.7 million euros is almost 
identical to one in previous year 
    * Confirms its forecast for 2015 which calls for a moderate 
increase in revenue and an EBIT/ EBITDA based on last year's 
level 
    * There is an upswing potential to FY forecast but it is too 
early to quantify it 
    * Q3 and Q4 will over proportionally contribute to 2015 
numbers due to new product releases and long lead times for 
products of some larger purchase orders 
 
Source text for Eikon:  ID:nPex1199h5  
Further company coverage:  SYTG.DE  
 
($1 = 0.8905 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))

Recent news on Softing AG

See all news