Exel Composites Plc’s January – March Business Review 2017: “Significant improvement in operating profit”
EXEL COMPOSITES PLC STOCK EXCHANGE RELEASE 4 MAY 2017 at 09:00 EETQ1 2017 in brief · Order intake increased by 24.7% to EUR 22.5 million (Q1 2016: 18.0). · Revenue increased by 13.3% to EUR 20.3 million (17.9). · Operating profit amounted to EUR 1.7 million (0.1), which is 8.2% of revenue (0.8%). · Net cash flow from operating activities was EUR -0.8 million (-0.9). · Earnings per share amounted to EUR 0.09 (0.00). Outlook for full year 2017 Exel Composites reiterates its outlook for 2017 and estimates that revenue with current company