Stern Groep N.V. Announces Earnings Results for the Third Quarter of 2018; Provides Earnings Guidance for the Fourth Quarter of 2018
Stern Groep N.V. announced earnings results for the third quarter of 2018. Net revenue until the end of third quarter 2018 rose 0.1% to EUR 856.2 million. The profit after tax until third quarter 2018 was EUR 4.9 million against EUR 5.8 million for the same period a year ago.
The company also announced that it will not match the fourth quarter 2017 profit before tax of EUR 2.3 million in fourth quarter 2018.