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BRIEF-Gestamp Automocion Q1 net profit up 33.2 pct year on year
May 9, 2017 / 10:58 AM / 2 months ago

BRIEF-Gestamp Automocion Q1 net profit up 33.2 pct year on year

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May 9 (Reuters) - GESTAMP AUTOMOCION SA:

* Q1 NET PROFIT 55 MILLION EUROS VERSUS 41 MILLION EUROS YEAR AGO

* Q1 EBITDA 222 MILLION EUROS VERSUS 192 MILLION EUROS YEAR AGO

* Q1 REVENUE 2.10 BILLION EUROS VERSUS 1.81 BILLION EUROS YEAR AGO

* SAYS ON THE RIGHT PATH TO ACHIEVE FULL YEAR GUIDANCE TARGETS

* SEES FY 2017 REVENUE GROWTH OF 7-9 PCT, EBITDA GROWTH 9-11 PCT, DIVIDEND PAY-OUT RATIO C.30 PCT OF NET INCOME Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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