Edition:
India

Washtec Q1 EBIT Down At EUR 1.7 Mln


Tuesday, 28 Apr 2020 

April 28 (Reuters) - WashTec AG ::DGAP-NEWS: WASHTEC AG: EFFECTS OF COVID-19 PANDEMIC CLEARLY NOTICEABLE AT THE END OF THE FIRST QUARTER.GUIDANCE FOR 2020 RETRACTED DUE TO UNFORESEEABLE BUSINESS IMPACT OF COVID-19 PANDEMIC.Q1 REVENUE AT EUR 87.3M (PRIOR YEAR: EUR 92.3M) SIGNIFICANTLY DOWN ON PRIOR.Q1 EBIT AT EUR 1.7M (PRIOR YEAR: EUR 2.6M) DESPITE COST REDUCTIONS, DOWN ON PRIOR YEAR DUE TO LOWER REVENUE.Q1 REVENUE AT EUR 87.3M (PRIOR YEAR: EUR 92.3M) SIGNIFICANTLY DOWN ON PRIOR YEAR. 

Company Quote

34.75
0.85 +2.51%
7 Aug 2020