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BRIEF-Kardex FY revenue up 6.1 pct at 358.5 million euros
March 8, 2017 / 5:43 AM / in 7 months

BRIEF-Kardex FY revenue up 6.1 pct at 358.5 million euros

March 8 (Reuters) - Kardex AG:

* The order backlog at the end of the year was 137.8 million euros ($145.52 million), up around 11 pct on the previous year’s value

* FY revenue increased by 6.1 pct to 358.5 million euros (337.9 million euros year ago)

* FY EBIT increased by 11.3 pct to 41.3 million euros, corresponding to an EBIT margin of 11.5 pct

* FY profit increased by 8.1 pct to 30.8 million euros (28.5 million euros year ago)

* In FY 2017 expects to perform well within the framework of the financial goals that have been announced

* The Board of Directors will apply for a payout of 3.30 francs per share (3.00 francs year ago) at the Annual General Meeting in the form of a nominal value reduction

Source text for Eikon:

Further company coverage: ($1 = 0.9470 euros) (Gdynia Newsroom)

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