FRIEDRICHSHAFEN (dpa-AFX) - German engine maker Tognum AG (TGNMF.PK) announced its preliminary figures for the 2011 financial year, posting revenues of around 2.97 billion euros, up 16 percent from 2.56 billion euros a year ago. Adjusted EBIT for the year was around 345 million euros, with an adjusted EBIT margin of around 11.6% versus 9.4% last year. 'After a strong finish at the end of the year, revenues and earnings are slightly above our expectations,' said Joachim Coers, CEO of Tognum AG. 'In addition to a very profitable product mix, there was also an additional benefit due to a stronger than expected US dollar.'
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