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ElringKlinger AG Max-Eyth-Str. 2 72581 Dettingen / Erms, Germany http://www.elringklinger.de
Contact Mr Dr. Jens Winter +49 7123 72488335
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ElringKlinger AG

ElringKlinger records successful start to 2017

(PresseBox) (Dettingen / Erms, )

Revenue up by 12.5% in first quarter; organic growth of 10.9%
EBIT margin before purchase price allocation rises to 9.0%; EBIT before purchase price
allocation increases by 22% to EUR 39.1 million
Cash flow includes payments for acquisition of equity stake in hofer Group
Guidance for 2017 confirmed


Maintaining its solid momentum from the final quarter of 2016, ElringKlinger AG recorded a significant increase in sales in the first quarter of 2017. Compared with the first quarter of 2016, the Group managed to lift sales revenue by 12.5% or EUR 48.1 million, taking the figure to EUR 433.3 (385.2) million. Chief
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.