Brief: Steico H1 net income up to EUR 6.4 million

Steico SE

18/07/2017 06:20

July 18 (Reuters) - STEICO SE  ST5G.DE :  
    * SAID ON MONDAY H1 NET INCOME AMOUNTED TO EUR 6.4 MILLION 
(PREVIOUS YEAR: EUR 6.0 MILLION) 
    * Q2 REVENUES OF EUR 60.5 MILLION WERE RECORDED IN THE 
SECOND QUARTER (PREVIOUS YEAR: EUR 54.3 MILLION), UP 11.4% 
    * Q2 TOTAL OPERATING REVENUES AMOUNTED TO EUR 58.3 MILLION 
(PREVIOUS YEAR: EUR 56.6 MILLION) 
    * EBITDA IN THE SECOND QUARTER IMPROVED BY 6.5% TO EUR 9.9 
MILLION (PREVIOUS YEAR: EUR 9.3 MILLION) 
    * Q2 EBIT LIFTED BY 7.1% COMPARED TO THE SAME QUARTER OF THE 
PREVIOUS YEAR TO EUR 6.0 MILLION (PREVIOUS YEAR: EUR 5.6 
MILLION) 
    * BELIEVES THAT THE SECOND HALF OF THE YEAR WILL BE 
SIGNIFICANTLY STRONGER THAN IN THE PREVIOUS YEAR 
    * FOR THE YEAR AS A WHOLE, MANAGEMENT IS FORECASTING 
REVENUES AND EBIT TO GROW IN THE LOW DOUBLE DIGIT PERCENTAGE 
RANGE 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEQcMxqMa 
     
 Further company coverage:  ST5G.DE   
    
 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))