Brief: WashTec Q1 revenue up at 101.2 mln euros

Washtec AG

03/05/2017 13:50

May 3 (Reuters) - WashTec AG  WSUG.DE : 
    * Successful start into 2017: further substantial 
first-quarter growth after strong Q4 2016 
    * Q1 revenue at 101.2 million euros ($110.46 million)(prior 
year: 76.8 million euros); EBIT at12.1 million euros (prior 
year: 3.7 million euros) 
    * Guidance 2017: full-year revenue growth of at least 10% 
and to at least 410 million euros, with EBIT margin in excess of 
12% 
    * Dividend of 2.10 euros per share adopted at annual general 
meeting 
    * Order backlog at end of March was still significantly 
above prior year's level. 
    * Q1 earnings before interest and taxes (EBIT) of group 
increased to 12.1 million euros (prior year: 3.7 million euros) 
    * Q1 net income 8.6 million euros versus 2.6 million euros 
year ago 
 
Source text for Eikon:  ID:nEQ7Q6TSl  
Further company coverage:  WSUG.DE  
 
($1 = 0.9162 euros) 
 
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