INDUS Holding AG reported earnings results for the nine months ended September 30, 2018. For the period, sales revenues increased by 4.4% to EUR 1,274.9 million against EUR 1,221.1 million a year ago, of which 3.1% was organic growth. Earnings before interest and taxes (EBIT) climbed 1.4% to EUR 116.1 million against EUR 114.5 million a year ago, with third-quarter EBIT already affected by increased material and personnel expenses. Adjusted for the effects of company acquisitions, EBIT amounted to EUR 123.9 million against EUR 123.8 million a year ago. Earnings before taxes (EBT) rose by 6.3% to EUR 102.5 million against EUR 96.4 million a year ago. This is due to fact that INDUS acquired the remaining shares in three portfolio companies, which improved net interest income. Earnings after taxes climbed to EUR 66.7 million against EUR 62.6 million a year ago. Earnings per share stood at EUR 2.69 against EUR 2.52 a year ago.

The company projects revenues of between EUR 1.65 billion and EUR 1.70 billion and earnings before interest and taxes (EBIT) of between EUR 154 million and EUR 160 million for the full year 2018. Against the background of the growing pressure on margins and the adverse effects on earnings, full-year earnings will probably come in at the lower end of the range.