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GILDEMEISTER Q1 Profit After Tax Edges Up - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

GILDEMEISTER (ONAQ.L) said its first-quarter 2013 earnings after taxes marginally improved to 10.4 million euros, from 10.3 million euros, while EBITDA edged down to 28.1 million euros, from 28.6 million euros a year before.

Sales revenues in the first quarter reached 466.1 million euros, thus exceeding the prior-year figure of 451.8 million euros. On the other hand, order intake for the period was 518.7 million euros and as expected was below last year's figure of 605.1 million euros, which was marked by several major orders, the company added.

In addition, the firm is planning order intake of around 2 billion euros for 2013. Due to these expectations and on the basis of our order backlog, sales revenues shall total nearly 2 billion euros. Based on the premise that the market would develop as expected, the company expects EBT of around 120 million euros and as a result, an annual net profit of about 82 million euros. Subject to these developments, GILDEMEISTER is planning to make a dividend payout for fiscal 2013.

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