November 11, 2016

Wash Tec

WSU.DE (ISIN: DE0007507501)

WashTec AG is a Germany-based company engaged in the provision of vehicle washing solutions. The Company operates, along with its group companies, in the development, manufacture, sale and servicing of car wash products.

MARKET: Frankfurt


Fair value: 45 €
Discount: N/A
Average yearly return: 45%
Yield: 7.56%
Outperformer

October 28, 2016

WashTec AG announced :
* First nine month revenues 5.7% up on prior year * Outlook for 2016: growth of 7.5% expected for full year; EBIT margin also above prior year. * Company expects substantial growth compared with prior year for Q1 2017

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