CENTROTEC Sustainable AG reported earnings results for the third quarter and nine months of 2018. The company achieved revenue growth of 4.2% in the third quarter of 2018, taking it to a total of EUR 161.1 million compared to EUR 154.6 million a year ago. The consolidated operating profit (EBIT) in came to EUR 11.5 million compared to EUR 13.4 million a year ago. Earnings per share were EUR 0.44 compared to EUR 0.49 a year ago.

In the first nine months of the current year, revenue consequently climbed by 4.4% to EUR 447.4 million compared to EUR 428.4 million a year ago. The consolidated operating profit (EBIT) was EUR 18.5 million compared to EUR 19.2 million a year ago. Earnings per share were EUR 0.50 compared to EUR 0.62 a year ago.

For the full year, revenue is thus expected to lie in the upper half of the forecast range of EUR 600 to 620 million. On the other hand operating profit will probably be at the lower end of a forecast range of EUR 30 to 32 million that was increased slightly from the prior-year level.