STRONG GROWTH AND PROFIT IMPROVEMENT IN NORMET
Normet posted a very strong first half of year 2018. Turnover grew by 24% and earnings before depreciations and amortizations (EBITDA) more than doubled in comparison to the same period in 2017. Full year 2018 forecasts for both turnover and earnings have been increased.Normet Equipment and Services businesses achieved strong growth. Ground Control and Construction Technology (GCCT) grew modestly compared to first half of 2017. Profitability improved in all business lines. The turnover forecast for year 2018 has been adjusted to 300-310 million Euro from 290-310 million Euro due to the