Brief: Ahlers 9-month Consolidated Profit Down At EUR -10.9 Mln

Ahlers AG

12/10/2020 08:04

Oct 12 (Reuters) - AHLERS AG  AAHG.F :
    * GROUP SALES FELL BY 32 PERCENT TO EUR 108.4 MILLION IN THE
NINE-MONTH PERIOD
    * Q1-Q3 CONSOLIDATED PROFIT FALLS TO EUR -10.9 MILLION DUE
TO
SALES (PREVIOUS YEAR: EUR 0.4 MILLION)
    * EBIT BEFORE SPECIAL ITEMS IN THE FOURTH QUARTER OF 2020
SHOULD
AT BEST REMAIN STABLE COMPARED TO THE COMPARABLE QUARTER OF 2019
OR DECREASE FURTHER (Q4 2019: EUR -2.9 MILLION).
    * IN THE 2019/20 FINANCIAL YEAR AS A WHOLE, SALES SHOULD
THEREFORE
BE AROUND -25 PERCENT TO -30 PERCENT.
    * 9-MONTH EBIT BEFORE SPECIAL ITEMS FELL IN THE REPORTING
PERIOD
TO EUR -10.1 MILLION (PREVIOUS YEAR: EUR 0.5 MILLION)
    * FY OUTLOOK CONFIRMED

Source text for Eikon:  ID:nPexp4P3fa 
Further company coverage:  AAHG.F 

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