Brief: Aalberts Reports Q3 Business Recovery

Aalberts

26/10/2020 17:15

Oct 26 (Reuters) - Aalberts NV  AALB.AS :
    * IN Q3 OUR BUSINESS FURTHER RECOVERED
    * SEPTEMBER YTD COMPARED TO LAST YEAR ORGANIC REVENUE
DECLINED
WITH 9.4%, ORDERBOOK WAS 4.4% HIGHER AND NET DEBT (BEFORE
IFRS-16) REDUCED WITH 16%
    * IN Q3 OUR BUSINESS FURTHER RECOVERED.
    * ONE-OFF FULL YEAR STRATEGIC RESTRUCTURING COST WILL
INCREASE TO
APPROX. EUR 50 MILLION IN 2020 WITH AN INCREASED ANNUAL BENEFIT
OF APPROX. EUR 50 MILLION, PARTLY IN 2020 AND FULLY IN 2021

Source text for Eikon:  ID:nGNX8Lfgnl 
Further company coverage:  AALB.AS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))