Edition:
India

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


Tuesday, 20 Feb 2018 

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). 

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