The group’s turnover increased by 12% to €433m, while EBIT and net earnings were up by 23% to €38m and 46% to just above €25m, respectively. The sales number is clearly higher than our forecast of €392m, but the two profit numbers are only slightly higher (€36m and €24m).
09 May 2017
Superb revenue and profit growth in Q1
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Superb revenue and profit growth in Q1
ElringKlinger AG (ZIL2:WBO) | 0 0 (-0.7%) | Mkt Cap: 1,074m
- Published:
09 May 2017 -
Author:
Hans-Peter Wodniok -
Pages:
2
The group’s turnover increased by 12% to €433m, while EBIT and net earnings were up by 23% to €38m and 46% to just above €25m, respectively. The sales number is clearly higher than our forecast of €392m, but the two profit numbers are only slightly higher (€36m and €24m).