SQLi Reports Earnings Results for the First Half Ended June 30, 2018; Re-Affirms Earnings Guidance For the Full Year of Fiscal Year 2018 and 2020
SQLi reported earnings results for the first half ended June 30, 2018. For the first half, the company reported turnover of EUR 115,929,000 against EUR 102,599,000 a year ago. Recurring operating income was EUR 5,311,000 against EUR 4,629,000 a year ago. Net operating income was EUR 2,409,000 against EUR 1,923,000 a year ago. Income before tax was EUR 972,000 against EUR 1,389,000 a year ago. Consolidated net income was EUR 361,000 against EUR 1,003,000 a year ago. Earnings per share, Group share were EUR 0.09 against EUR 0.26 a year ago.
The company re-affirmed earnings guidance for the full year of fiscal year 2018. For the full year, the company anticipates that it will achieve turnover of 240 million, reflecting a combination of double-digit year-on-year growth and EBITDA of more than 23 million.
For the fiscal year 2010, the company forecasts double-digit average annual growth and EBITDA in excess of 14%.