CENTROTEC Sustainable AG Announces Earnings Results for the Third Quarter and Nine Months of 2016; Provides Earnings Guidance for the Year 2016
For the nine months, the company reported organic growth rose by 4.7% to EUR 415.7 million compared to EUR 396.9 million a year ago. EBIT thus rose by 4.2% to EUR 23.2 million compared to EUR 22.3 million a year ago. Earnings per share (EPS) at the nine-month mark reached EUR 0.78 compared to EUR 0.74 a year ago.
The forecast for the 2016 financial year is confirmed, and revenue of EUR 550 million to EUR 570 million along with EBIT of between EUR 32 million and EUR 35 million are expected.