RATIONAL AG
Rational AG raises sales forecast
RATIONAL AG / Key word(s): Change in Forecast RATIONAL AG / Key words: Change in forecast Rational raises sales forecast Landsberg a. Lech, July 11, 2017 – RATIONAL AG raises its target for business growth in its fiscal year 2017 to a range of now 11-13% compared to previous year. The current forecast of an EBIT margin between 26% and 27% remains unchanged and still valid. After a good start already in the first quarter and whilst preparing half year financial statements as of June 30, 2017 the management team came to the conclusion that sold units and sales value are likely to slightly exceed the so far given outlook for 2017. This is supported by positive business conditions in general, a solid business development in most regions, and, especially, some large orders from North America. Details of the second quarter financials will be published on August 8, 2017, as originally planned. In addition, a conference call for analysts in the afternoon of the same day will be scheduled. Invitations are yet to be sent separately. Editorial Note: Contacts:
11-Jul-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | RATIONAL AG |
Iglinger Straße 62 | |
86899 Landsberg a. Lech | |
Germany | |
Phone: | 0049 8191 327 2209 |
Fax: | 0049 8191 327 722209 |
E-mail: | ir@rational-online.com |
Internet: | www.rational-online.com |
ISIN: | DE0007010803 |
WKN: | 701080 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
End of Announcement | DGAP News Service |