PHAG-Presseinformation-EN-Q2-2018
… PAUL HARTMANN AG Phone: +49 (0) 7321 36-0 Paul-Hartmann-Strasse 12 Fax: +49 (0) 7321 36-3636 89522 Heidenheim hartmann.info P.O. Box 14 20 89504 Heidenheim Germany HARTMANN NEWS HARTMANN remains on track for 2018 growth target • Demand in core medical business segments: half-year sales grow 3.0% to EUR 1.04 billion • EBIT of EUR 61.1 million is in line with the forecast • Outlook 2018 for sales and EBIT confirmed Heidenheim, Germany - August 7, 2018 - The HARTMANN GROUP, a leading international supplier of medical and hygiene products, remains on track for growth in its anniversary year 2018. Group sales revenues grew by 3.0% to EUR 1.0368 billion in the first six months, in spite of the continuing negative impact of exchange rates. If the strength of the euro had not led to reductions in revenue, especially in the case of America and Asia, the Group's growth would actually have amounted to almost 5%. Earnings before interest and taxes (EBIT) came to EUR 61.1 million, which – as anticipated – was down 6.5% over last year’s figure. This arises from price pressure on the markets and higher regulatory costs, as well as expenditures in connection with structural and growth investments. …
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