10.08.2018
CENTROTEC Sustainable AG DE0005407506
DGAP-News: CENTROTEC Sustainable AG: CENTROTEC confirms the full-year forecast following on-track revenue and earnings growth in first half
DGAP-News: CENTROTEC Sustainable AG / Key word(s): Half Year Results
CENTROTEC Sustainable AG: CENTROTEC confirms the full-year forecast
following on-track revenue and earnings growth in first half
10.08.2018 / 07:30
The issuer is solely responsible for the content of this announcement.
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Brilon, August 10, 2018: CENTROTEC Sustainable AG, Brilon, registered a rise
in revenue of 4.6% supported by growth in all segments in the first half of
2018, taking the total to EUR 286.4 million (previous year EUR 273.8
million). The consolidated operating result (EBIT) of EUR 7.0 million was
likewise up on the prior-year figure of EUR 5.8 million. Earnings per share
(EPS) came to EUR 0.06 (previous year EUR 0.12), reflecting the reduced
financial result.
The measures kicked off in 2017 to strengthen the position in the German
heating market began to have a positive effect in the period under review,
and further progress was made with the ongoing expansion of international
business. On this basis, CENTROTEC is confident that it will be able to
absorb the burdens from the current upward trend in commodity prices and
confirms the full-year forecast. For the 2018 financial year, as before the
expectation is that organic revenue growth will take total revenue to EUR
600 to 620 million and that the operating result (EBIT) will be slightly
higher, year on year, at EUR 30 to 32 million.
CENTROTEC Sustainable AG
CENTROTEC Sustainable AG enjoys a presence in around 50 different countries
through subsidiaries and sales partners. The principal group companies are
Wolf, Brink Climate Systems and Ned Air in the Climate Systems segment,
specialising in heating, climate control and ventilation technology e.g. in
the form of solar thermal systems, CHP units and home ventilation systems
with heat recovery, as well as Ubbink and Centrotherm in the Gas Flue
Systems segment, with their focus on gas flue and air piping systems.
CENTROTEC is consequently Europe's only listed full-service provider of
heating and climate control technology, solar thermal systems and
energy-saving solutions for buildings.
CENTROTEC Sustainable AG, Am Patbergschen Dorn 9, D-59929 Brilon, Germany
ISIN: DE0005407506, WKN: 540750, home stock exchange: Frankfurt/ Main;
indices: Prime All Share, Prime Industrial
For further information, contact:
CENTROTEC Sustainable AG, Carsten Vogt, Tel.: +49 (0)2961 96631-103 or
MetaCom GmbH, Georg Biekehör, Tel.: +49 (0)6181 98280-30
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10.08.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: CENTROTEC Sustainable AG
Am Patbergschen Dorn 9
59929 Brilon
Germany
Phone: +49 (0)2961 96631-0
Fax: +49 (0)2961 96631-100
E-mail: [email protected]
Internet: www.centrotec.de
ISIN: DE0005407506
WKN: 540750
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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