Brief: Steico Reports Q4 EBIT About 5.4 Million Euros

Steico SE

05/02/2018 20:00

Feb 5 (Reuters) - Steico Se  ST5G.DE : 
    * DGAP-NEWS: PRELIMINARY BUSINESS FIGURES: STEICO CLOSES 
2017 WITH 
NEW RECORD-BREAKING REVENUES AND EARNINGS 
    * GROUP RECORDED A SUBSTANTIAL INCREASE IN EARNINGS IN Q4 
IN 
PARTICULAR 
    * MANAGEMENT IS ALSO FORECASTING HIGHER DEMAND IN 2018, 
COUPLED 
WITH CONTINUED GROWTH FOR COMPANY 
    * BELIEVE THAT REVENUES IN 2018 WILL BE UP BY AROUND 15% 
WITH 
SIMILAR OR SLIGHTLY IMPROVED EARNINGS FIGURES COMPARED TO 2017 
    * QTRLY EBIT ABOUT 5.4 EURO MILLIONS 
    * PRELIMINARY Q4 REVENUE ABOUT 57.0 MILLION EUR VERSUS 51.8 
MILLION EUR LAST YEAR 
 
Source text for Eikon:  ID:nEQ2yZ4Qba  
Further company coverage:  ST5G.DE  
 
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