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WSU Washtec AG News Story

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Brief: WashTec 9-mth consolidated net income up at 17.4 mln euros

Oct 28 (Reuters) - WashTec AG  WSUG.DE : 
    * First nine month revenues 5.7% up on prior year 
    * Revenue at 259.8 million euros ($283.21 million)after nine 
months (prior year: 245.8 million euros); EBIT at 25.2 million 
euros (prior year: 23.3 million euros) 
    * Outlook for 2016: growth of 7.5% expected for full year; 
EBIT margin also above prior year. 
    * 9-month consolidated net income 17.4 million euros versus 
15.5 million euros year ago 
    * High level of capacity utilization is expected in 
production and installation in last quarter in both Europe and 
North America 
    * Company likewise expects substantial growth compared with 
prior year for Q1 2017 
 
Source text for Eikon:  ID:nEQ1vgrkj  
Further company coverage:  WSUG.DE  
 
($1 = 0.9173 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;))

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