INDUS Group achieves solid business performance
(WorldNews Germany)

o Sales up 4.4%; good organic growth o EBT up 6.3% as a result of improved net interest o Rising material and wage costs increase pressure on EBIT o Program to boost operational excellence launched In the first nine months of the fiscal year 2018, the INDUS Group recorded a solid economic trend. Sales revenues of INDUS Holding AG increased by 4.4% to EUR 1,274.9 million in the reporting period (9M previous year: EUR 1,221.1 million), of which 3.1% was organic growth. Earnings before interest and taxes (EBIT) climbed 1.4% to EUR 116.1 million (9M previous year: EUR 114.5 million), with third-quarter EBIT already affected by increased material and personnel expenses. Adjusted for the effects...