TwintecBaumot Group Reports Preliminary Earnings Results for 2015; Provides Earnings Guidance for 2016 and 2018
Overall, The company expects to achieve consolidated sales of approximately EUR 48 million to EUR 52 million in financial year 2016 and EBITDA of between 0.0 and EUR 0.5 million. This means will nearly double sales and improve operational performance quite significantly.
The company expects revenues in the amount of EUR 80 million to EUR 100 million and an EBITDA margin of approximately 8% by 2018.