CEO Heinz Jörg Fuhrmann said in an interview that 2017 is likely to be the fourth consecutive year with improving profits. After indicated pre-tax earnings of between €30m and €60m for 2016, he cannot exclude a triple-digit number for the current year. Higher sales prices (as a result of import duties) combined with efficiency gains are the reason for his optimism.
The CEO’s projections are no better than what we currently expect. In fact, we are forecasting a triple-digit million pre-tax prof ....
06 Feb 2017
CEO sees triple-digit million pre-tax profit in 2017
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CEO sees triple-digit million pre-tax profit in 2017
Salzgitter AG (SZG:WBO) | 0 0 (-0.3%) | Mkt Cap: 2,774m
- Published:
06 Feb 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
CEO Heinz Jörg Fuhrmann said in an interview that 2017 is likely to be the fourth consecutive year with improving profits. After indicated pre-tax earnings of between €30m and €60m for 2016, he cannot exclude a triple-digit number for the current year. Higher sales prices (as a result of import duties) combined with efficiency gains are the reason for his optimism.
The CEO’s projections are no better than what we currently expect. In fact, we are forecasting a triple-digit million pre-tax prof ....