Surteco Group SE announced earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company reported sales Revenues were EUR 168.970 million compared to EUR 182.328 million a year ago. EBITDA was EUR 18.445 million compared to EUR 25.052 million a year ago. EBIT was 8.365 million compared to EUR 14.372 million a year ago. EBT was 7.049 million compared to EUR 11.604 million a year ago. Net income was EUR 4.298 million compared to EUR 8.396 million a year ago. Basic and diluted earnings per share was EUR 0.27 compared to EUR 0.55 a year ago.

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.