Spie: 9m 2018 EBITA up 4.3%
(CercleFinance.com) - The multi-technical services group Spie has reported 9m EBITA of 251.
1 million euros, up 4.3% relative to its 9m 2017 pro-forma level, meaning an EBITA margin of 5.3%, which has inched up 0.1 point.
Production reached 4,771 million euros over the first nine months of 2018, up 11%, including organic growth of +2.4%. In Q3, production rose by 3.8%, including organic growth of 0.5%.
Spie confirms its outlook for FY 2018, with growth in production of over 7% at constant exchange rates, an EBITA margin of at least 6%, cash conversion of around 100% and financial leverage of 3.1 times at the year-end.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
1 million euros, up 4.3% relative to its 9m 2017 pro-forma level, meaning an EBITA margin of 5.3%, which has inched up 0.1 point.
Production reached 4,771 million euros over the first nine months of 2018, up 11%, including organic growth of +2.4%. In Q3, production rose by 3.8%, including organic growth of 0.5%.
Spie confirms its outlook for FY 2018, with growth in production of over 7% at constant exchange rates, an EBITA margin of at least 6%, cash conversion of around 100% and financial leverage of 3.1 times at the year-end.
Copyright (c) 2018 CercleFinance.com. All rights reserved.