Brief: Ahlers FY EBIT Before One-Time Effects At Minus EUR 2.4 Mln

Ahlers AG

27/02/2020 11:04

Feb 27 (Reuters) - AHLERS AG  AAHG.F :
    * GROUP SALES REVENUES IN FISCAL YEAR 2018/19 FALLING BY EUR
16.1
MILLION OR 7.2 PERCENT TO EUR 207.0 MILLION
    * CONSOLIDATED EARNINGS IN FISCAL YEAR 2019/20 SHOULD
CONTINUE TO
IMPROVE SIGNIFICANTLY COMPARED TO TWO PREVIOUS YEARS.
    * OPERATING EXPENSES FOR 19/20 SHOULD DROP SHARPLY
    * FY EBIT BEFORE ONE-TIME EFFECTS, AT EUR -2.4 MILLION, WAS
MORE
OR LESS ON A PAR WITH PREVIOUS YEAR (EUR -2.0 MILLION)
    * FY CONSOLIDATED EARNINGS AFTER INCOME TAXES INCREASED BY
EUR 3.3
MILLION OR 47.1 PERCENT TO EUR -3,7 MILLION (PREVIOUS YEAR: EUR
-7.0 MILLION)
    * EXPECTS TO RETURN TO PROFIT IN 19/20 IN TERMS OF EBIT
BEFORE AND
AFTER ONE-TIME EFFECTS AND HENCE TO CONCLUDE TRANSFORMATION
PHASE OF PREVIOUS YEAR.
    * EXPECTS GROUP SALES REVENUES TO REMAIN STABLE AT BEST, BUT
MORE
LIKELY TO DECLINE SLIGHTLY IN FISCAL YEAR 2019/20
    * REVENUES FROM CONTINUING ACTIVITIES SHOULD INCREASE AT A
LOW
SINGLE-DIGIT PERCENTAGE RATE IN 2019/20

Source text for Eikon:  ID:nPex2N4sVa 
Further company coverage:  AAHG.F 

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