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    HomeNewsBusinessEarningsLooking at 18-20% growth for FY18: ACE

    Looking at 18-20% growth for FY18: ACE

    Action Construction Equipment (ACE) is in focus on the back of a mixed Q1. In an interview to CNBC-TV18, Sorab Agarwal, Executive Director of Action Construction Equipment spoke about the results and his outlook for the company.

    September 08, 2017 / 15:14 IST

    Action Construction Equipment (ACE) is in focus on the back of a mixed Q1. In an interview to CNBC-TV18, Sorab Agarwal, Executive Director of Action Construction Equipment spoke about the results and his outlook for the company.

    Looking at 18-20 percent growth for FY18, he said.

    On agricultural business, he said, “We are very confident on agricultural business and will be able to increase our revenues by 20-30 percent in this year.”

    Speaking about margins, he further mentioned that, going forward in FY19 we should easily be doing upwards of 10-11 percent on a consolidated basis.

    For full interview, watch accompanying video...

    first published: Sep 8, 2017 03:14 pm

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