August 29, 2017 / 5:52 AM / 3 months ago

BRIEF-Pankl Racing Systems H1 EBIT up at EUR 9.1 mln

Aug 29 (Reuters) - PANKL RACING SYSTEMS AG:

* ‍IN 2017 H1, EBIT AMOUNTED TO EUR 9.1M OR 9.1% OF REVENUES VERSUS EUR 8.0M OR 8.4% OF REVENUES YEAR AGO

* ‍H1 ACHIEVED RECORD SALES OF EUR 100.3M. THIS CORRESPONDS TO A 5.2% GROWTH VERSUS SAME PERIOD IN 2016 (2016H1: EUR 95.4M)​

* H1 ‍EARNINGS AFTER TAX OF EUR 5.1M (2016H1: EUR 5.5M)​

* ‍FOR WHOLE YEAR 2017, WE EXPECT VERY SOLID RESULTS DESPITE NON-RECURRING EXPENSES - CEO​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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