Brief: Steico Reports Preliminary 2018 Revenues Of Around EUR 252 Mln

Steico SE

04/02/2019 19:43

Feb 4 (Reuters) - Steico SE  ST5G.DE :
    * DGAP-NEWS: PRELIMINARY BUSINESS FIGURES: STEICO WITH NEW
RECORD-BREAKING REVENUES IN 2018
    * PRELIMINARY 2018 REVENUES OF AROUND EUR 252 MILLION VERSUS
PREVIOUS YEAR  EUR 230.3 MILLION
    * SAYS  PRELIMINARY 2018 EBITDA WAS UP BY AN ABOVE-AVERAGE
15.8%
FROM EUR 37.9 MILLION IN PREVIOUS YEAR TO EUR 43.9 MILLION
    * MANAGEMENT COMMITTEE IS ANTICIPATING SALES GROWTH OF MORE
THAN
10% AND EARNINGS RATIOS AT HIGH LEVEL SIMILAR TO PAST FINANCIAL
YEAR FOR 2019
    * FOR 2019, THERE IS STILL UNCERTAINTY CONCERNING FURTHER
DEVELOPMENT OF "BREXIT"
    * Q4 2018 REVENUES OF ABOUT EUR 64.3 MILLION, UP 12.8
PERCENT
    * Q4 2018 EBITDA ABOUT EUR 10.6 MILLIONS, UP 8.2 PERCENT

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

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