Euromicron AG Reports Consolidated Earnings Results for the Fiscal Year 2017; Provides Earnings Guidance for the Fiscal Year 2018
The Executive Board anticipated consolidated sales of between EUR 340 million and EUR 360 million as well as an operating EBITDA margin between 4.0% and 5.0% in fiscal 2018. The forecast is based on the group's current structure and so may need to be adjusted if divestments or acquisitions are made. The anticipated margin is impacted to a substantial extent by investments in further expansion of innovation business in the target market of the Internet of Things.