Public disclosure of inside information according to article 17 MAR
S&T AG: S&T AG increases forecast of EBITDA for 2017 to EUR 60 million
Linz
(pta035/09.11.2017/18:40 UTC+1)
Linz, 09.11.2017. The strong development of operative business done by the Group during the first nine months of 2017 is joining with the recently-completed finalization of the forecast for the fourth quarter of the financial year in causing the Executive Board of S&T AG (www.snt.at) to increase its forecast for EBITDA for financial year 2017 as a whole from more than EUR 50 million to EUR 60 million. This is greater than the current estimates formulated by the analysts and investment companies that track and evaluate S&T AG.
S&T AG will submit the final figures for the third quarter of 2017 on November 10, 2017.
On S&T AG
S&T AG (www.snt.at) heads a technology group that employs some 3,800 persons and that operates in more than 25 countries around the world. S&T AG is listed on the Frankfurt Stock Exchange (ISIN AT0000A0E9W5, WKN A0X9EJ, SANT) and forms part of the Exchange's TecDAX index of high techs. S&T is a leading supplier in Central and Eastern Europe of IT systems and of the services and solutions comprised in them. S&T's taking in 2016 of a stake in Kontron AG - one of the leaders on the world's market for embedded computers - has enhanced its portfolio of proprietary technologies used in the fields of appliances, cloud security, software and smart energy. This move has made S&T one of the leading suppliers on the international markets for Industry 4.0 and IoT (Internet of Things) technologies.
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Emitter: |
S&T AG Industriezeile 35 4021 Linz Austria |
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Contact Person: | Alexandra Habekost, Head of Investor Relations | |
Phone: | +49 (0) 821 4086 114 | |
E-Mail: | alexandra.habekost@snt.at | |
Website: | www.snt.at | |
ISIN(s): | AT0000A0E9W5 (Share) DE000A1HJLL6 (Bond) | |
Stock Exchange(s): | Regulated Market in Frankfurt |