Brief: Steico HY Net Income Increased By 7.4% To Eur 9.2 Million

Steico SE

15/07/2019 20:03

July 15 (Reuters) - Steico SE  ST5G.DE :
    * DGAP-NEWS: STEICO SE: SOLID GROWTH AND STABLE MARGINS AT A
HIGH
LEVEL
    * HY EBIT LIFTED BY 10.5% TO EUR 13.7 MILLION
    * H1 2019 EBITDA 26.0 EUR MILLION VERSUS 21.4 EUR MILLION
    * SAYS  H1  TOTAL OPERATING REVENUE EUR 140.5 MILLION VERSUS
EUR 
119.8 MILLION IN H1 2018
    * HY NET INCOME INCREASED BY 7.4% TO EUR 9.2 MILLION
    * SAYS BOARD OF DIRECTORS  CONFIRMS OUTLOOK FOR 2019 AS A
WHOLE
WITH REVENUE GROWTH ABOVE 10% AND AN EBIT RATIO OF BETWEEN 9%
AND 10%
    * MANAGEMENT IS VERY POSITIVE ABOUT SECOND HALF OF 2019

Source text for Eikon:  ID:nEQNgbCVa 
Further company coverage:  ST5G.DE 

 ((Reuters.Briefs@thomsonreuters.com;))