Dragerwerk AG & Co. KGaA reported preliminary unaudited earnings results for the full year of 2017. For the year, net sales increased by roughly 1.9% (approximately 3.2% net of currency effects) to some EUR 2.57 billion against EUR 2.52 billion a year ago. As a result, full-year net sales growth in 2017 was slightly higher than the range forecast by Drager (net sales growth net of currency effects of between 0.0 and 3.0%). The EBIT margin is expected to have stood at between 5.8% and 6.1% in 2017 against 5.4% and therefore within the guidance range (EBIT margin between 5.0% and 7.0%).

The company anticipated net sales growth of between 2.0% and 5.0% (net of currency effects) in 2018. The EBIT margin is likely to be between 4.0% and 6.0% in 2018 and also in 2019.