Edition:
India

Jost Werke Raises Sales Forecast For FY 2018


Wednesday, 25 Jul 2018 

July 25 (Reuters) - JOST Werke AG ::DGAP-ADHOC: JOST WERKE AG: JOST RAISES SALES FORECAST FOR FISCAL YEAR 2018; POSITIVE ONE-OFF NET EFFECT OF EUR 11 TO 13 MILLION FURTHER INCREASES NET INCOME IN 2018.SALES IN H1 2018 GREW TO EUR 381.1 MILLION; ORGANIC GROWTH +9.1%.ADJUSTED EBIT H1 2018 RISES TO EUR 45.0 MILLION (H1 2017: EUR 44.3 MILLION).SALES FORECAST RAISED FOR 2018: MID TO HIGH SINGLE-DIGIT ORGANIC SALES GROWTH.EARNINGS AFTER TAXES FOR FISCAL YEAR 2018 ARE EXPECTED TO BE EUR 11 TO 13 MILLION HIGHER THAN PREVIOUSLY EXPECTED.CONTINUES TO FORECAST A MID-SINGLE-DIGIT INCREASE IN ADJUSTED EBIT IN 2018 COMPARED WITH 2017.POSITIVE NET IMPACT OF EUR 11 TO 13 MILLION ON NET INCOME IN 2018 FROM CAPITALIZATION OF DEFERRED TAX ARISING FROM LOSS CARRYFORWARDS. 

Company Quote

29.7
0.15 +0.51%
16 Sep 2019