Brief: USU Software Increases Consolidated Net Profit In Q4 By 19% To EUR 3.4 Million​

USU Ventures AG

29/03/2018 08:11

March 29 (Reuters) - USU SOFTWARE AG  OSPGk.DE :
    * DGAP-NEWS: USU SOFTWARE AG ANNOUNCES FIGURES FOR 2017,
DIVIDEND
PROPOSAL AND GUIDANCE FOR 2018
    * ‍FURTHER GROWTH FORECAST FOR 2018​
    * ‍IN FINAL QUARTER, USU INCREASED ITS IFRS CONSOLIDATED
SALES BY
23% TO EUR 25.5 MILLION​
    * Q4 ADJUSTED EBIT DECLINED BY 12% YEAR-ON-YEAR TO EUR 3.8
MILLION
(Q4/2016: EUR 4.3 MILLION)
    * ‍USU INCREASED ITS CONSOLIDATED NET PROFIT IN Q4 BY 19% TO
EUR
3.4 MILLION​
    * ‍EXPECTS TO SIGNIFICANTLY OUTPERFORM MARKET IN TERMS OF
GROWTH
ONCE AGAIN IN 2018​
    * ‍FORECAST FOR 2018 INVOLVES AN INCREASE IN CONSOLIDATED
SALES TO
BETWEEN EUR 93 MILLION AND EUR 98 MILLION​
    * ‍SEES IN 2018 ABOVE-AVERAGE RISE IN ADJUSTED EBIT TO EUR
7.5-10
MILLION​
    * CONFIRMS ITS MEDIUM-TERM FORECAST TO 2021, WITH
CONSOLIDATED
SALES OF EUR 140 MILLION AND ADJUSTED EBIT OF EUR 20 MILLION
    * DIVIDEND PROPOSAL OF EUR 0.40 PER SHARE

Source text for Eikon:  ID:nEQ38Qsksa 
Further company coverage:  OSPGk.DE 

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