March 21, 2018 / 2:15 PM / a month ago

BRIEF-Noratis FY EBIT Rose At EUR 15.2 Mln

March 21 (Reuters) - NORATIS AG:

* FY EBIT ROSE BY AROUND 54 PERCENT TO 15.2 MILLION EUROS DESPITE IPO COSTS

* DIVIDEND PROPOSAL OF € 1.50 PER SHARE FOR 2017

* FY PRE-TAX PROFIT MORE THAN DOUBLED TO 12.2 MILLION EUROS

* CONTINUATION OF THE POSITIVE BUSINESS DEVELOPMENT EXPECTED IN 2018

* FY NET INCOME UP AT 8.7 MILLION EUROS

* 2018 SALES, EBIT AND EARNINGS BEFORE TAXES ARE EXPECTED TO BE ABOVE THE PREVIOUS YEAR Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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