CENTROTEC Sustainable AG reported earnings results for the first quarter of 2017. The first quarter of the 2017 financial year saw the company increase
its revenue by 9.2% to EUR 137.3 million (previous year EUR 125.8 million), underpinned by a healthy upturn in international business. This growth was promoted by the fact that the Easter public holidays occurred in April in 2017. The EBITDA operating result of EUR 9.8 million was 11.6% up on the prior year figure of EUR 8.8 million and EBIT came to EUR 3.8 million (previous year EUR 3.0 million /up 26.0%). Slight improvements in the net interest and effective tax rate pushed up earnings per share (EPS) from EUR 0.05 to EUR 0.08.

For 2017 as a whole, the company expects revenue to be EUR 575 to 600 million along with EBIT of between EUR 33 and 35 million.