March 9, 2017 / 5:41 PM / 6 months ago

BRIEF-Allgeier FY 2016 sales up at 497.5 million euros

March 9 (Reuters) - Allgeier SE:

* Consolidated sales of the continuing business in fiscal year 2016 rose compared to the previous year to 497.5 million euros ($526.50 million) (previous year: 445.7 million euros)

* FY preliminary group EBITDA of the continuing business rose by 34 percent to 31.6 million euros (previous year: 23.5 million euros)

* At 17.9 million euros, EBIT for FY was 60 percent higher than in the previous year (previous year: 11.2 million euros)

* Operating group EBITDA of the continuing business is expected to grow slightly disproportionately in the order of 10 percent in 2017 Source text for Eikon: Further company coverage: ($1 = 0.9449 euros) (Gdynia Newsroom)

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