Edition:
India

WashTec FY EBIT Down At EUR 36.3 Mln


Wednesday, 18 Mar 2020 

March 18 (Reuters) - WASHTEC AG ::FISCAL YEAR 2019 - STABLE REVENUE PERFORMANCE WITH SIGNIFICANT DECREASE IN EBIT - PERFORMANCE PROGRAM SHOWS FIRST SUCCESSES IN THE SECOND HALF OF THE YEAR.FY REVENUE UP BY 0.2% FROM EUR 435.4M TO EUR 436.5M.FY EBIT DOWN ON PRIOR YEAR AT EUR 36.3M (PRIOR YEAR: EUR 51.5M).GUIDANCE 2020: STABLE REVENUE GROWTH WITH A SLIGHT INCREASE IN EBIT.OUTLOOK 2020: EFFECTS ON OUTLOOK DUE TO CORONAVIRUS CRISIS ARE FINALLY DETERMINED BY VARIOUS FACTORS.IT IS NOT POSSIBLE TO FORESEE OVER WHAT PERIOD OF TIME, IN WHICH DIVISIONS AND TO WHAT EXTENT THERE WILL BE NEGATIVE EFFECTS FROM CORONAVIRUS.DIVIDEND OF EUR 1.65 PER SHARE.WORKING ON INCREASING PROFITABILITY IN ORDER TO RETURN TO A DOUBLE-DIGIT EBIT MARGIN IN MEDIUM TERM. 

Company Quote

34.75
0.85 +2.51%
7 Aug 2020