Revenues in Q3 reached US$18,522m (+5% yoy, -7.4% qoq), EBITDA US$2,729m (+41% yoy, -11.2% qoq), EBIT US$1,567m (+27% and -34%) and net income US$899m (-25.5% and -51.8%). Net debt at the end of Q3 was US$10.5bn vs US$10.5bn in Q2, US$11.1bn in Q1, and US$10.1bn at year-end 2017. According to management, overcapacities remain an issue as well as the high level of imports in various markets. No precise guidance is given for Q4, but this suggests the last quarter of the year could be somewhat l
02 Nov 2018
Q3 18 in line, but still low visibility over FY19
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Q3 18 in line, but still low visibility over FY19
MaireTecnimont SpA (0QEP:LON) | 0 0 -0.2% | Mkt Cap: 1,153m
- Published:
02 Nov 2018 -
Author:
Fabrice Farigoule -
Pages:
2
Revenues in Q3 reached US$18,522m (+5% yoy, -7.4% qoq), EBITDA US$2,729m (+41% yoy, -11.2% qoq), EBIT US$1,567m (+27% and -34%) and net income US$899m (-25.5% and -51.8%). Net debt at the end of Q3 was US$10.5bn vs US$10.5bn in Q2, US$11.1bn in Q1, and US$10.1bn at year-end 2017. According to management, overcapacities remain an issue as well as the high level of imports in various markets. No precise guidance is given for Q4, but this suggests the last quarter of the year could be somewhat l