Schaltbau Group raises forecast for 2013

(PresseBox) ( München, )
According to preliminary figures, the companies of the Schaltbau Group registered a new record order-intake of € 107.8 million for the first three months of the current fiscal year (31.03.2012: € 105.5 million). During the same period Group sales rose significantly by 12.4 per cent from € 84.7 million to € 95.2 million. All of the Group's business fields contributed towards this pleasing development of sales. Due to the Group's dynamic business performance, which surpasses previous expectations by far, and in view of the unchanged positive outlook for the months to come, assuming market conditions remain unchanged, the Executive Board of Schaltbau Holding AG is upwardly adjusting its forecast for the fiscal year 2013. Accordingly, Group sales revenue for 2013 is now predicted to rise to approximately € 390 million (previous forecast: € 374 million). Earnings from operating activities (EBIT) are now forecast to total € 35.9 million (previously: € 32.8 million) and returning to a normal tax rate Group net profit is expected to reach € 23.5 million (previously: € 22.1 million). Earnings per share are thus predicted to amount to € 3.24.
The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material.
The use of information published here for personal information and editorial processing is generally free of charge. Please clarify any copyright issues with the stated publisher before further use. In the event of publication, please send a specimen copy to