Brief: Va Q Tec H1 EBITDA Tripled Year-On-Year To EUR 4.4 Mln
Aug 14 (Reuters) - va Q tec AG VQTG.DE :
* VERY STRONG REVENUE GROWTH OF 26% TO EUR 31.3 MILLION IN H1 2019 COMPARED TO EUR 24.9
MILLION IN
H1 2018
* SPECIFICATION OF FY 2019 REVENUE AND EARNINGS FORECAST AT UPPER END OF RANGE
* H1 EBITDA TRIPLED YEAR-ON-YEAR TO EUR 4.4 MILLION (PREVIOUS YEAR: EUR 1.4 MILLION)
* REVENUE FOR FULL 2019 YEAR WILL GROW BY AROUND 20% COMPARED TO PREVIOUS YEAR.
* EXPECTS AN EBITDA MARGIN OF 11-14% FOR 2019 FINANCIAL YEAR
Source text for Eikon: ID:nEQ8vM6Tja
Further company coverage: VQTG.DE
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
Recent news on va Q tec AG
See all newsRefile: German Cartel Office clears merger of va-Q-tec and EQT
Brief: Sartorius, Va-Q-Tec Announce Long-Term Partnership For Joint Development Of Innovative Transport Systems For Biopharmaceutical Industry
Brief: Va-Q-Tec Says German Federal Cartel Office Initiated Proceedings In Connection With Takeover Offer Of Fahrenheit Acquico GMBH
Brief: Va-Q-Tec AG Says Will Likely Not Reach Its Revenue And Earnings Forecast For 2022
Brief: EQT Private Equity Launches Voluntary Public Takeover Offer For Va-Q-Tec