Brief: Steico Says Revenues For 9 Months In 2019 215.3 Mln Euros Versus 187.7 Mln Euros In 9 Months 2018

Steico SE

16/10/2019 19:31

Oct 16 (Reuters) - Steico SE  ST5G.DE :
    * DGAP-NEWS: STEICO SE: STRONG OPERATING GROWTH WITH
SIGNIFICANT
EARNINGS INCREASE
    * Q3 EBITDA WAS UP BY 61.0% IN Q3 TO EUR 19.0 MILLION (Q3
2018:
EUR 11.9 MILLION)
    * NET INCOME FOR 9 MONTH PERIOD IMPROVED BY 45.2% TO EUR
19.6
MILLION
    * 9 MONTH PERIOD EBITDA IMPROVED BY 34.8% TO EUR 45.0
MILLION AND
EBIT LIFTED BY 36.9% TO EUR 26.8 MILLION
    * REVENUES FOR 9 MONTHS IN 2019 EUR 215.3 MILLION VERSUS EUR
187.7
MILLION IN 9 MONTHS 2018
    * BOARD SEES 2019 WHOLE REVENUE GROWTH ABOVE 10% AND AN EBIT
RATIO
AROUND 10% (IN TERMS OF TOTAL OPERATING REVENUE)

Source text for Eikon:  ID:nEQ8sJNx0a 
Further company coverage:  ST5G.DE 

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