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BRIEF-Polytec Holding Q1 sales up 13.3 pct at 178.3 million euros
May 8, 2017 / 5:46 AM / 3 months ago

BRIEF-Polytec Holding Q1 sales up 13.3 pct at 178.3 million euros

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May 8 (Reuters) - POLYTEC HOLDING AG:

* q1 Group Sales Rose by 13.3% to Eur 178.3 Million

* Q1 EBITDA INCREASED BY 47.8% TO EUR 22.8 MILLION, EBITDA MARGIN 12.8%

* Q1 EBIT WENT UP 69.9% TO EUR 15.9 MILLION, EBIT MARGIN 8.9%

* Q1 NET PROFIT OF EUR 11.6 MILLION, WHICH WAS EUR 5.7 MILLION, OR 97.2%, HIGHER THAN COMPARABLE FIGURE FOR 2016

* POLYTEC GROUP EXECUTIVE MANAGEMENT FORESEES SLIGHT GROWTH IN BOTH GROUP SALES AND OPERATING RESULTS IN 2017 FINANCIAL YEAR Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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