Waberer 's International Plc' s third quarter revenues were € 182.6 million, roughly equal to € 182.3 million in the third quarter of 2017, the company said on Friday at the Budapest Stock Exchange.
Photo: Napi.hu – Waberer & # 39; s
MTI said Waberer's sales for the first nine months totaled 546 million euros, up 10.2 percent from the same period last year.
In the third quarter of 2018, interest, taxes and prepayments (EBITDA) decreased 30% to € 18 million over the same period last year.
EBITDA in the international cargo sector declined 34% in the third quarter of 2018 and 11% in the regional contract logistics sector.
Ferenc Lajkó, executive director of Waberer International Plc, said in a statement from MTI that market dynamics in the third quarter of 2018 had unusually adverse financial consequences. "The cargo market has not been fully priced in the last six months due to rising fuel costs and insufficient drivers."
The CEO expects the Group's regular EBITDA in 2018 to be 15-20% lower than in 2017.
On the Budapest Stock Exchange, Waberer's shares closed on Friday at 2430, with a maximum annual paper value of 5020 and a minimum exchange rate of 2340 HUF.
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