CENTROTEC Sustainable AG reported sales results for the year 2017. The company generated revenue of EUR 594 million in the 2017 financial year compared to EUR 575.5 million a year ago.

The company reaffirmed earnings guidance for the year 2017. For the year 2017, the indications are that the operating result (EBIT) will equally achieve the most recent forecast range of EUR 28 million to EUR 30 million.

The company provided earnings guidance for the year 2018. The company plans further organic growth for the financial year in progress of 2018 and expects to generate revenue of EUR 600 million to EUR 620 million. The company anticipates a stabilization of the sales performance in German core business, further growth on international sales markets and a stable regulatory framework. Whereas first-quarter earnings are forecast to be down on the previous year, the company expects EBIT for the year as a whole to rise slightly to EUR 30 million to EUR 32 million.