VTG Aktiengesellschaft reported audited earnings results for the year 2017. For the year, the company reported revenue of EUR 1,014.4 million against EUR 986.9 million a year ago. EBITDA was EUR 343.4 million against EUR 345.3 million a year ago. EBIT was EUR 155.1 million against EUR 149.7 million a year ago. EBIT was EUR 90.2 million against EUR 88.2 million a year ago. Group profit was EUR 68.1 million against EUR 57.5 million a year ago. Capital expenditure was EUR 341.6 million against EUR 259.3 million a year ago. Earnings per share was EUR 1.93 against EUR 1.56 a year ago. Operating cash flow was EUR 295.9 million against EUR 326.2 million a year ago.

For the year 2018, the company anticipates positive development in revenue and EBITDA. Following on from the mild increase in revenue in the period under review, this positive trend should continue through the 2018 financial year. Group revenue is expected to be slightly higher than in 2017. Group EBITDA is expected to be in the range from EUR 340 million to EUR 370 million in the 2018 financial year. CapEx 2018 is expected to be on the same level as it was in 2017. The company expects to have a tax range around the 30% rate.