(541 CZK, 0,46%) posted good set of figures with EBITDA of 10.1 mln. EUR (+6,4% y/y) exceeding estimates.
- 1Q13 results
Sales | 44,3 | 49,9 | 48,2 | 12,6% | 3,5% |
EBITDA | 9,5 | 10,1 | 9,5 | 6,4% | 6,3% |
EBIT | 6,4 | 7,2 | 6,7 | 12,4% | 7,3% |
Net income | 8,7 | 3,0 | 2,2 | x | 36,4% |
*Reuters consensus (7), conference call Thursday 23th May at 5pm (CET)
The company confirms within the results the new production line in Egypt is proceeding according to the planned schedule (3Q13) as well as the guidance of 2013 EBITDA to grow between 5 and 15% compared with the result achieved in 2012 (EUR 38.1 million).
We consider results as slightly positive.