Westag & Getalit AG Reports Consolidated Earnings Results for the First Quarter of 2017; Provides Earnings Guidance for the Full Year of 2017
The company provided earnings guidance for the full year of 2017. In spite of a moderate start to the year 2017, the outlook for the coming months remains positive. The positive revenue expectations are also based on the ongoing expansion of the distribution activities in the Surfaces/Elements Division. Depending on the development of the main expense items, e.g. raw materials, the company expects earnings to reach the previous year's level in the fiscal year 2017.