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ST5 — Steico SE News Story

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Brief: Steico Q1 revenue up 15.6 pct to 54.2 million euros

April 26 (Reuters) - Steico Se  ST5G.DE  
    * Q1 revenue improved by 15.6 pct to 54.2 million euros  
    * Continued growth with margins soaring 
    * Administrative board proposes a dividend of 0.18 euro per 
share for financial year 2016 
    * Believes positive growth will continue and is forecasting 
fiscal year 2017 to be strong 
    * If economy does not deteriorate, management aiming for 
year-on-year revenue growth in upper single-digit percentage 
range in 2017 
    * Q1 profit 2.9 million euros 
    * Sees both EBITDA and EBIT slightly above average growth in 
low single-digit percentage range for 2017 
 
Source text for Eikon:  ID:nEQ3q9SRL  
Further company coverage:  ST5G.DE  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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