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Draegerwerk sees lower 2018-19 Ebit margin, 5-7 pct in 2017


Friday, 10 Nov 2017 

Nov 10 (Reuters) - Draegerwerk AG & Co KGaA :Says ‍Draeger increases investments to support mid-term growth​.Says ‍in 2017, net sales are set to grow by 0 to 3 percent (net of currency effects), with an Ebit margin between 5 and 7 percent​.Says ‍for 2018, company expects to see stronger net sales growth (net of currency effects) of 2 to 5 percent​.Says ‍to make this growth possible, company is focusing on continued strict cost management​.Says ‍anticipates an Ebit margin between 4 and 6 percent in 2018 and probably also in 2019​. 

Company Quote

49.12
-1.58 -3.12%
17 Jul 2019