March 8, 2018 / 6:38 AM / 9 months ago

BRIEF-Manz FY EBITDA Swings To Profit Of EUR 11.5 Mln

March 8 (Reuters) - MANZ AG:

* MANZ AG ACHIEVES HIGHEST REVENUE VOLUME IN THE COMPANY’S HISTORY FOR 2017 WITH A POSITIVE EBIT

* FY REVENUE ROSE 41 PERCENT TO 325 MILLION EUR

* FY RECORD REVENUE OF 325 MILLION EUROS, AROUND 41 % ABOVE PREVIOUS YEAR

* MANZ - FY ‍EBIT INCLUDING SPECIAL SOLAR EFFECT IMPROVED BY 37.5 MILLION EUROS TO REACH 1.6 MILLION EUROS ​

* FY EBITDA 11.5 MILLION EUR VERSUS NEGATIVE 21.8 MILLION EUR YEAR AGO

* MANZ - ‍WE STILL HAVE MANY TASKS AHEAD THAT WE WILL SOLVE IN 2018 IN ORDER TO ENSURE PROFITABILITY CONTINUES TO GROW AS PLANNED​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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