February 20, 2018 / 6:15 AM / 4 months ago

BRIEF-Grammer FY Oper EBIT Up By More Than 17 Pct To About EUR 80 Mln

Feb 20 (Reuters) - Grammer AG:

* DGAP-NEWS: GRAMMER AG: GRAMMER WITH HIGHER REVENUE AND IMPROVED OPERATING PROFITABILITY IN 2017 AGAIN DESPITE MORE DIFFICULT UNDERLYING CONDITIONS

* FY MORE THAN 5 PERCENT INCREASE IN GROUP REVENUE TO APPROX. EUR 1.79 BILLION

* FY OPERATING EBIT ROSE BY MORE THAN 17 PERCENT TO APPROX. EUR 80 MILLION

* EXPECTS TO BE ABLE TO ACHIEVE A FURTHER INCREASE IN REVENUE AND OPERATING PROFITABILITY IN CURRENT YEAR

* FY EBIT CAME TO APPROX. EUR 65 MILLION (2016: 73.0) Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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