Brief: Sporttotal FY EBIT Up At EUR 1.5 Mln

SPORTTOTAL AG

29/03/2018 08:20

March 29 (Reuters) - SPORTTOTAL AG  WIGGk.DE :
    * HITS REVENUES AND EARNINGS TARGETS
    * ‍IN 2017, COMPANY POSTED EBIT OF EUR 1.5 MILLION (2016:
EUR -6.2
MILLION)​
    * ‍ANTICIPATES REVENUES OF EUR 50 TO 70 MILLION AND AN EBIT
OF
BETWEEN EUR -3 MILLION AND EUR 3 MILLION FOR 2018​
    * FY IN CONTINUED OPERATIONS, REVENUES ROSE FROM EUR 50.8
MILLION
TO EUR 55.7 MILLION
    * ‍FOR 2019, MANAGEMENT CURRENTLY ANTICIPATES REVENUES OF
EUR 70
TO 80 MILLION WITH AN EBIT MARGIN OF 7 TO 9%​
    * SPORTTOTAL - ‍EUR 100 MILLION REVENUES THRESHOLD SET TO BE
EXCEEDED IN 2020 FROM CURRENT PERSPECTIVE - WITH EBIT MARGIN OF
AT LEAST 10%​

Source text for Eikon:  ID:nEQbmRcXka 
Further company coverage:  WIGGk.DE 

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