Ekotechnika AG raises forecast for financial year 2017/18


Inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014

Ekotechnika AG raises forecast for financial year 2017/18

19 June 2018 11:20 Ad hoc Announcements

Walldorf, 19 June 2018 – The Executive Board of Ekotechnika AG (primary market; ISIN: DE000A161234), the German holding company of the EkoNiva-Technika Group, the largest dealer of international agricultural machinery in Russia, has raised its forecast for financial year 2017/2018 (September 30). Accordingly, the management now expects consolidated sales revenues of over EUR 150 million (previously: EUR 133 to 140 million) and an EBIT of more than EUR 7 million (previously: around EUR 7 million).

The publication of the 2017/2018 half-year report (March 31) will take place as planned on Friday, 22 June 2018.