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BRIEF-Koninklijke Wessanen Q3 profit for the period at 8.5 million euros beats Reuters poll
October 24, 2017 / 5:18 AM / a month ago

BRIEF-Koninklijke Wessanen Q3 profit for the period at 8.5 million euros beats Reuters poll

Oct 24 (Reuters) - KONINKLIJKE WESSANEN NV:

* Q3 PROFIT FOR THE PERIOD EUR 8.5‍​ MILLION VERSUS EUR 7.98 MILLION IN REUTERS POLL

* ‍GUIDANCE FY 2017 * TOTAL REPORTED GROWTH IS EXPECTED TO BE LOW DOUBLE-DIGIT,​

* Q3 REVENUE EUR 147.4 MLN‍​ VERSUS EUR 150 MILLION IN REUTERS POLL

* ‍WE EXPECT EBITE % OF REVENUE TO BE ABOVE 8% FOR FULL YEAR​

* SEES ‍2017 NET FINANCING COSTS AROUND EUR 2.0-2.5 MILLION​

* Q3 EBITE INCREASES TO €12.8 MILLION; EBITE MARGIN OF 8.7% (YTD: EBITE 43.4M, 9.2%)‍​

* SEES 2017 ‍TAX RATE AROUND 30%​

* SEES 2017 ‍CAPITAL EXPENDITURES EUR 12-14 MILLION​

* SEES 2017 ‍DEPRECIATION AND AMORTISATION EUR 9-10 MILLION​

* Q3 EBIT ADJUSTED EUR 12.2‍​ MILLION VERSUS EUR 12.3 MILLION IN REUTERS POLL Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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