Czech Pegas Q2 net profit 11.7 mln euros, in line

PRAGUE Aug 27 (Reuters) - Czech artificial fabrics maker Pegas Nonwovens (PGSNsp.PR) said on Wednesday it returned to a net profit of 11.7 million euros ($17.21 million) in the second quarter after a loss of 0.2 million euros a year ago.

Growth was driven mainly by foreign exchange gains from a stronger Czech crown currency, which also lowered interest payments, it said.

Revenue grew 27.9 percent to 37.6 million euros in the quarter, while operating profit (EBIT) fell 15.2 percent to 6.01 million.

Seven analysts polled by Reuters had estimated net profit of 11.7 million euros and revenues of 37.2 million. (Reporting by Jason Hovet, editing by Will Waterman)