November 29, 2017 / 5:24 PM / 17 days ago

BRIEF-Zapf Creation Raises FY 2017 Forecast

Nov 29 (Reuters) - Zapf Creation AG:

* RAISES FY 2017 FORECAST

* SEES INCREASE IN GROUP REVENUES TO ESTIMATED EUR 77 TO 79 MILLION (PREVIOUS YEAR: EUR 69.9 MILLION)

* FY GROSS PROFIT MARGIN IS EXPECTED TO BE BETTER AT 45% TO 47% (PREVIOUS YEAR: 43.7%)

* FY IFRS EARNINGS TO INCREASE SIGNIFICANTLY TO EUR 12.5 TO 14 MILLION (PREVIOUS YEAR: EUR 8.9 MILLION) Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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