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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