Ekotechnika AG Reports Earnings Results for the Fiscal Year of 2018 to 2019; Provides Earnings Guidance for the Financial Year 2019-2020
For the financial year 2019/2020, the Executive Board projects an increase in consolidated sales revenues to between EUR 200 million and EUR 213 million, primarily due to the further expansion of forestry machinery sales and the potential arising from the additional John Deere sales territories. Moreover, the company expects gross profit to amount to between EUR 30 million and EUR 33 million and EBIT to come in at between EUR 9 million and EUR 12 million.