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WSU Washtec AG News Story

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Brief: Washtec reports 9-month revenues of 216.2 mln euros, down from 218.4 mln euros year ago

Oct 31 (Reuters) - Washtec AG  WSUG.DE : 
    * Says earnings increase despite slight decline in revenues; 
cumulative order intake higher than prior year's level 
    * Says 9-month revenues at 216.2 million euros (prior year: 
218.4 million euros) 
    * Says profitability at group level should reach an 8 pct 
EBIT margin beginning in 2016 
    * Says free cash flow in first three quarters amounted to 
14.0 million euros (prior year: 8.3 million euros) 
    * Says forecast, which is contained in 2013 annual report 
and relates to other key ratios defined at group level, remains 
same 
    * Says outlook for 2014: stable revenues and slight increase 
in earnings and EBIT margin before restructuring costs 
    * 9-month EBT of 11.2 million euros versus 8.0 million euros 
year ago 
    * Says 9-month EBIT at 11.8 million euros (prior year: 8.9 
million euros) 
 
Source text for Eikon:  ID:nEQ96rfBSa  
Further company coverage:  WSUG.DE  
 
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Keywords: WASHTEC/RESULTS

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