CENTROTEC Sustainable AG announced earnings results for the full year of fiscal 2018. For the full year, the company increased its consolidated revenue by 3.3% in the 2017 financial year on the basis of a good performance in the Gas Flue Systems and Medical Technologies & Engineering Plastics segments, to a total of EUR 594.2 million compared to EUR 575.5 million announced in previous year. The operating result (EBIT) declined by 15.8% to EUR 29.3 million (previous year EUR 34.8 million) among other reasons because of the weak performance of German heating business. Earnings per share (EPS) came to EUR 1.13 compared to EUR 1.21 in the previous year.

The company provided earnings guidance for the full year of fiscal 2018. The company expects further organic revenue growth to EUR 600 million to EUR 620 million for the 2018 financial year. An operating result (EBIT) of EUR 30 million to EUR 32 million is expected, up only slightly on the previous year.