Surteco Group SE Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018; Provides Earnings Guidance for the Year 2018
For the nine months, the company reported sales Revenues were EUR 534.185 million compared to EUR 516.372 million a year ago. EBITDA was EUR 62.233 million compared to EUR 62.125 million a year ago. EBIT was 31.887 million compared to EUR 33.683 million a year ago. EBT was 28.013 million compared to EUR 26.158 million a year ago. Net income was EUR 19.525 million compared to EUR 18.332 million a year ago. Basic and diluted earnings per share were EUR 1.25 compared to EUR 1.19 a year ago.
For the year 2018, the sales revenue of the group expect to be in the range of EUR 685 million to EUR 695 million. Consequently, a group EBIT including negative exchange-rate effects must currently be anticipated in the range from EUR 37 million to EUR 39 million.