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BRIEF-Turbon H1 pre-tax earnings of minus 3.1 million euros
September 28, 2017 / 3:53 PM / in 3 months

BRIEF-Turbon H1 pre-tax earnings of minus 3.1 million euros

Sept 28 (Reuters) - TURBON AG:

* PRE-TAX EARNINGS IN THE FIRST HALF-YEAR ARE REDUCED TO MINUS 3.1 MILLION EUROS

* FOR H2 IS PLANNING TO RETURN TO PROFIT, RESULTING IN A PRE-TAX PROFIT OF APPROXIMATELY MINUS 2.0 MILLION EUROS FOR 2017

* VERY SIGNIFICANT REDUCTION IN BANK BORROWINGS IS PLANNED FOR 2018

* FOR 2018 SEES POSITIVE RESULT BEFORE AND AFTER TAX​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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