CENTROTEC Sustainable AG Announces Earnings Results for the Year 2018; Provides Earnings Guidance for the Year 2019
The company provided earnings guidance for the year 2018. For the financial year in progress, organic growth is expected to lift consolidated revenue to EUR 620 million to EUR 640 million. On this basis, the CENTROTEC Group should achieve an operating result (EBIT) in the order of EUR 31 million to EUR 33 million in the 2019 financial year. By pursuing an even more conservative investment strategy, it also anticipates a significant improvement in the investment result, which would then also be reflected in a significant rise in earnings per share (EPS).