Exel Composites Plc’s Business Review 1-9 2018: “Profitability impacted by the US acquisition. Outlook revised. Cost saving program initiated.”
EXEL COMPOSITES PLC STOCK EXCHANGE RELEASE 31 OCTOBER 2018 at 09:00 EETQ3 2018 in brief · Order intake increased by 28.1% to EUR 24.7 million (Q3 2017: 19.3). · Revenue increased by 13.3% to EUR 23.1 million (20.4). · Adjusted operating profit was EUR 0.5 million (1.6), representing 2.1% of revenue (7.9). · Net cash flow from operating activities was EUR 1.6 million (2.1). · Earnings per share amounted to EUR 0.00 (0.09). Q1-Q3 2018 in brief · Order intake increased by 10.1% to EUR 71.6 million (Q1-Q3 2017: 65.1). · Revenue increased by 9.5% to