Edition:
United Kingdom

Befesa 9-Month Net Profit Up At EUR 66.5 Mln


Thursday, 22 Nov 2018 

Nov 22 (Reuters) - BEFESA SA ::INCREASES EARNINGS IN 9-MONTH 2018 AND CONFIRMS 2018 GUIDANCE.GUIDANCE CONFIRMED; FY18 EBITDA OF EUR 174 MILLION - EUR 176 MILLION .CONSOLIDATED REVENUES FOR 9M 2018 INCREASED BY 8.2% TO EUR 539.1 MILLION ON A COMPARABLE BASIS.NINE-MONTH PERIOD ENDED 30 SEPTEMBER, BEFESA INCREASED ITS EBITDA BY 2.1% TO EUR 128.9 MILLION.9-MONTH EBIT GREW BY 1.8% TO 107.9 MILLION.9-MONTH NET PROFIT INCREASED BY ALMOST 60%, REACHING EUR 66.5 MILLION.NET PROFIT FOR 2018 IS EXPECTED TO COME IN SIGNIFICANTLY HIGHER AT EUR 83 MILLION TO EUR 85 MILLION COMPARED TO EUR 49 MILLION IN 2017. 

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