January 16, 2018 / 6:52 AM / 6 months ago

BRIEF-SinnerSchrader Q1 Sales Revenue Of EUR 14.4 Mln, Up 8.3 Pct

Jan 16 (Reuters) - SinnerSchrader AG:

* DGAP-NEWS: SINNERSCHRADER STARTS THE 2017/2018 FINANCIAL YEAR ACCORDING TO PLAN / REVENUE GROWS BY 8.3 PER CENT IN THE FIRST FINANCIAL QUARTER / ANNUAL FORECAST CONFIRMED / MATTHIAS SCHRADER VOTED AGENCY MAN OF THE YEAR 2017

* Q1 SALES REVENUE OF 14.4 MILLION EUROS, UP 8.3 PER CENT

* AT 0.3 MILLION EUROS, Q1 EBITA WITHIN PLAN BUT WELL BELOW PREVIOUS YEAR’S RESULT OF 1.3 MILLION EUROS

* Q1 NET INCOME WAS JUST UNDER 0.7 MILLION EUROS

* FY 2017/2018 FORECAST PUBLISHED IN NOVEMBER 2017 CONFIRMED Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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