February 10, 2017 / 8:07 AM / 6 months ago

BRIEF-RIB Software posts 58 pct earnings increase to 33 million

Feb 10 (Reuters) - Rib Software AG says

* Increases preliminary operating ebitda by 57.9% to about eur 33.0 million (prior year: eur 20.9 million) and generates the highest revenues in the company's history

* Preliminary revenues of RIB group rose significantly by 19.1% to eur 97.8 million (2015: eur 82.1 million)

* Operating ebitda margin thus reached 33.7% (2015: 25.5%)

* Preliminary figures for earnings before interest, taxes, depreciation and amortization (ebitda) rose by 31.6% to around eur 32.9 million (2015: eur 25.0 million) Further company coverage:

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