March 12, 2018 / 6:21 AM / 2 months ago

BRIEF-VAT Group FY Net Income Up At CHF 116 Million

March 12 (Reuters) - VAT GROUP AG:

* FY SALES INCREASE BY 36% TO CHF 692 MILLION

* FY ADJUSTED EBITDA OF CHF 215 MILLION, ADJUSTED EBITDA MARGIN OF 31.1%

* PROPOSED DIVIDEND OF CHF 4.00 PER SHARE

* SEES FY 2018 SALES GROWTH OF 15% TO 20% EXPECTED AT CONSTANT EXCHANGE RATES

* FY NET INCOME UP AT CHF 116 MILLIONEN

* EBITDA MARGIN IS HEADING TOWARDS THE TARGET OF 33% BY 2020

* SEES FY 2018 SIGNIFICANT INCREASE IN NET INCOME AND EARNINGS PER SHARE (EPS) Source text: bit.ly/2FHQ0Ix Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below