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BRIEF-Constantin Medien FY net result down at 14.4 million euros
June 30, 2017 / 6:32 AM / 5 months ago

BRIEF-Constantin Medien FY net result down at 14.4 million euros

June 30 (Reuters) - CONSTANTIN MEDIEN AG:

* FY GROUP SALES OF EUR 565.7 MILLION AFTER A STRONG Q4 SLIGHTLY ABOVE TARGET FORECAST AND 17.5 PERCENT ABOVE PREVIOUS YEAR

* FY ‍PROFIT FROM OPERATIONS (EBIT) OF EUR 39.5 MILLION SIGNIFICANTLY ABOVE EXPECTATIONS​

* FY EARNINGS ATTRIBUTABLE TO SHAREHOLDERS OF EUR 8.3 MILLION AT UPPER END OF TARGET RANGE DESPITE NON-RECURRING CHARGES

* FY ‍GROUP NET RESULT AMOUNTED TO EUR 14.4 MILLION AFTER EUR 20.0 MILLION IN PREVIOUS YEAR​

* ‍FOR 2017 MANAGEMENT BOARD IS ANTICIPATING SALES OF BETWEEN EUR 480 MILLION AND EUR 520 MILLION AND EARNINGS ATTRIBUTABLE TO SHAREHOLDERS OF BETWEEN EUR 0.5 MILLION AND EUR 3.5 MILLION​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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