January 29, 2018 / 4:38 PM / 3 months ago

BRIEF-KTM Industries Says ‍FY Revenues At 1.5 Bln Euros (+14%)​

Jan 29 (Reuters) - KTM INDUSTRIES AG:

* FY ‍PRELIMINARY EBIT IMPROVED TO 132.5 MEUR (+8%)​

* FY ‍PRELIMINARY RESULT BEFORE TAXES INCREASED TO 117.0 MEUR AFTER 108.9 MEUR IN PREVIOUS YEAR​

* ‍FOR BUSINESS YEAR 2018, KTM INDUSTRIES GROUP EXPECTS FURTHER ORGANIC GROWTH IN ITS CORE AREAS​

* ‍EXPECTS TO REMAIN ON TRACK TO CONTINUE ON GROWTH PATH AND ANTICIPATES A POSITIVE BUSINESS PERFORMANCE FOR 2018​

* ‍INCREASE OF GUIDANCE FOR 2018 - 2021​

* FOR 2018 SEES ‍ REVENUE GROWTH OF 9 - 11% AND EBIT MARGIN OF 8 - 10%​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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