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Provider: Reuters Investment Profile
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Holding AG Raises Guidance For FY 2013 And Issues Guidance For FY 2014 In Line With Analysts' Estimates


Friday, 8 Nov 2013 06:47am EST 

Schaltbau Holding AG announced that for 2014 it predicts sales to grow to around EUR 410 million, compared with an expected EUR 395 million in 2013. The fiscal year 2014 will again be somewhat burdened by upfront expenditure needed to recruit the additional personnel required to successfully continue treading the path of sustained growth. For this reason, earnings from operating activities (EBIT) in 2014 are expected to remain at the high level of approximately EUR 36 million predicted for 2013. Group net profit for 2014 is forecast to grow to EUR 25.2 million, with earnings per share (EPS) rising to around EUR 3.50. According to I/B/E/S Estimates, analysts on average expect the Company to report in 2013 sales of EUR 392.24 million, EBIT of EUR 35.92 million, net profit of EUR 21.18 million and EPS of EUR 3.43. For 2014 analysts expect sales of EUR 408.06 million, EBIT of EUR 38.46 million, net profit of EUR 22.88 million and EPS of EUR 3.7 

Company Quote

47.27
0.325 +0.69%
15 Aug 2014