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BRIEF-Vita 34 H1 net result swings to loss of EUR 1.0 mln
August 30, 2017 / 5:20 AM / a month ago

BRIEF-Vita 34 H1 net result swings to loss of EUR 1.0 mln

Aug 30 (Reuters) - VITA 34 AG:

* H1 REVENUE INCREASED BY 2.5 PERCENT AND GROSS PROFIT BY 14 PERCENT AS COMPARED WITH H1 2016

* PROFIT BURDENED THIS YEAR BY ONE-TIME EFFECT OF SERACELL ACQUISITION

* H1 ‍GROSS PROFIT FROM SALES INCREASED BY 14 PERCENT TO EUR 4.6 MILLION (H1 2016: EUR 4.0 MILLION)​

* IN FIRST SIX MONTHS REVENUES ROSE TO NEARLY EUR 8.2 MILLION

* OUTLOOK 2017: EXPECTS REVENUES OF EUR 18.9 TO 19.4 MILLION (TO DATE: EUR 17.4 TO 17.9 MILLION)

* OUTLOOK 2017: EXPECTS EBITDA OF EUR 1.6 TO 1.9 MILLION (TO DATE: EUR 2.6 TO 2.7 MILLION)

* PERIOD RESULT IN FIRST HALF-YEAR 2017 DECREASED TO EUR -1.0 MILLION (H1 2016: EUR 0.1 MILLION)

* FROM 2018 ONWARD WE EXPECT NO FURTHER PROFIT BURDENING SPECIAL EFFECTS FROM ACQUISITION OF SERACELL Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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