Goldbach Group AG Announces Earnings Results for the Six Months of 2017; Revises Earnings Guidance for the Year 2017
For the year 2017, the company forecasts an increase in EBITDA in the order of 10%, as opposed to the mid-single-digit percentage rise communicated in March 2017. The forecast for net profit has gone up to CHF 10.0 million CHF 12.0 million from previous guidance of CHF 9.0 million CHF 11.0 million range. Revenue forecasts remain unchanged. The company anticipates organic revenue growth in the low single-digit percentage range for the 2017 financial year.