UNIWHEELS AG Reports Consolidated Earnings Results for the First Half of 2017; Provides Earnings Guidance for the Full Year of 2017
For the full year of 2017, the company confirms the guidance that has been published together with the 2016 results. Wheels sales are expected to increase in 2017 between 10% to 15% year over year. Group revenues are forecasted to grow between 14% and 19% year over year, taking the aluminum price development into account and an EBITDA increase by 15% to 20% year over year is expected.