Edition:
India

SGL Carbon FY Net Result Up At EUR 50.3 Million


Wednesday, 27 Mar 2019 

March 27 (Reuters) - SGL Carbon SE ::FY GROUP SALES REVENUE UP 22 PERCENT TO SURPASS 1 BILLION.CONFIRMS THE GROUP GUIDANCE 2019 AND MID-TERM TARGETS 2022.FY RECURRING GROUP EBIT ROSE BY 61 PERCENT TO 65 MILLION EUROS.FY NET RESULT FROM CONTINUING OPERATIONS INCREASED STRONGLY TO REACH 50.3 MILLION EUROS.IN FISCAL YEAR 2019, THE COMPANY EXPECTS GROUP SALES TO INCREASE BY A MID-SINGLE-DIGIT PERCENTAGE RANGE.OUTLOOK 2019: GROUP EBIT IS EXPECTED TO STABILIZE ON THE PRIOR-YEAR LEVEL.SGL CARBON’S CONSOLIDATED NET RESULT SHOULD BREAK EVEN IN 2019.CONFIRMS ITS NEW MID-TERM SALES TARGET OF NEARLY 1.4 BILLION EUROS.CONFIRMS ON AN UNCHANGED EBIT MARGIN TARGET OF AT LEAST 10 PERCENT IN THE YEAR 2022. 

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