Brief: 600 Group Sees FY Outturn To Be Significantly Below Previous Expectations

600

18/12/2019 07:42

Dec 18 (Reuters) - 600 Group PLC  SIXH.L :
    * 600 GROUP PLC  - TRADING UPDATE
    * 600 GROUP PLC - ORDER INTAKE FOR Q4 IS NOW EXPECTED TO BE
SIGNIFICANTLY BELOW ORIGINALLY PREDICTED LEVELS
    * 600 GROUP PLC - ORDERS FOR GERMANY AND FAR EAST, IN
PARTICULAR,
SUFFERING DELAYS HEAVILY INFLUENCED BY GLOBAL AUTOMOTIVE
SLOWDOWN IN Q4
    * 600 GROUP PLC - THERE HAS BEEN GOOD PROGRESS IN UK
BUSINESS,
WHERE ORDERS REMAIN OVER 100% UP ON PRIOR YEAR
    * 600 GROUP PLC - CONTINUED GOOD PERFORMANCE AT NEWLY
ACQUIRED CMS
BUSINESS, DRIVEN BY ITS FOCUS ON HEALTHCARE AND PHARMACEUTICALS
    * 600 GROUP PLC - GROSS MARGINS ACROSS GROUP ARE ALSO
HOLDING UP
WELL
    * 600 GROUP PLC - OUTTURN FOR FULL YEAR IS EXPECTED TO BE
SIGNIFICANTLY BELOW BOARD'S PREVIOUS EXPECTATIONS

Source text for Eikon:  ID:nRSR2378Xa 
Further company coverage:  SIXH.L 

 ((Reuters.Briefs@thomsonreuters.com;))