DGAP-Ad-hoc: CENTROTEC Sustainable AG / Key word(s): Profit Warning/9-month figures
Brilon, November 14, 2017: The third quarter of 2017 saw revenue for the CENTROTEC Group rise by 1.8% to EUR 154.6 million (previous year EUR 151.9 million). Cumulatively over the first nine months of the financial year, this metric grew by 3.0% to EUR 428.4 million (previous year EUR 415.7 million). All three segments contributed to this growth, both in the quarter in question and over the year to date. The operating result (EBIT) for the third quarter of EUR 13.4 million was 8.8% down on the prior-year figure of EUR 14.6 million. In the first nine months of the current financial year, EBIT came to EUR 19.2 million, and was therefore 17.3% lower than in the previous year (EUR 23.2 million). Earnings per share (EPS) for the third quarter of 2017 amounted to EUR 0.49 (previous year EUR 0.55), and to EUR 0.62 for the first nine months of 2017 (previous year EUR 0.78).
For the year to date, initial quantifiable successes from efforts to internationalise and the good performance in climate control and ventilation business contrast with a development in the German heating market that falls markedly short of expectations.
CENTROTEC Sustainable AG, Am Patbergschen Dorn 9, D-59929 Brilon, Germany
13-Nov-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Company:||CENTROTEC Sustainable AG|
|Am Patbergschen Dorn 9|
|Phone:||+49 (0)2961 96631-0|
|Fax:||+49 (0)2961 96631-100|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange|
|End of Announcement||DGAP News Service|
628677 13-Nov-2017 CET/CEST