AKKA Technologies SE Announces Group Revenue Results for the Third Quarter and Nine Months Ended Sept. 30, 2018; Provides Group Revenue Guidance for 2018
For the nine months, group revenue was EUR 1,061.7 million.
For the year, the company expects EUR 2.5 billion in revenue, EUR 250 million of operating profit from ordinary activities and EUR 150 million of free cash flow greater or equal to 4.5%. It now anticipates organic growth of 9% (6% previously). The Group confirms its objective to deliver an operating margin of 8%.