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GILDEMEISTER Q2 Profit Soars - Quick Facts

GILDEMEISTER AG (0NAQ.L) posted second-quarter earnings after taxes of 15.9 million euros, a surge from 1.2 million euros earned a year ago. Earnings per share climbed to 0.29 euros from 0.03 euros in the prior year.

Sales revenues for the three-month period improved to 465 million euros from 397.2 million euros in the previous year.

Looking forward, GILDEMEISTER confirmed its forecasts for financial year 2012. In the current financial year, the company is expecting order intake for the first time of more than 2 billion euros. GILDEMEISTER is planning sales revenues of above 1.9 billion euros and for the whole year, the company plans to achieve EBT of more than 100 million euros and net income for the year of more than 65 million euros.

by RTTNews Staff Writer

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