Brief: Amadeus Fire H1 Operating EBITA At EUR 29.5 Mln

Amadeus Fire AG

22/07/2021 06:18

July 22 (Reuters) - AMADEUS FIRE AG  AMDG.DE :
    * SIGNIFICANTLY INCREASES GROWTH FORECAST
    * H1 SALES ROSE 30 PERCENT TO 178.4 MILLION EUR
    * BASED ON LAST YEAR'S OPERATING EBITA OF EUR 41.1 MILLION,
2020
ANNUAL REPORT FORECASTED GROWTH IN OPERATING PROFIT OF A GOOD 15
PERCENT FOR 2021 AS A WHOLE
    * MANAGEMENT BOARD IS CORRECTING THIS FORECAST AND EXPECTS
SIGNIFICANTLY MORE DYNAMIC GROWTH FOR 2021 AS A WHOLE
    * IT IS EXPECTED TO INCREASE PREVIOUS YEAR'S RESULT BY AT
LEAST 50
PERCENT
    * AFTER EUR 29.5 MILLION IN FIRST HALF OF YEAR, EUR 60
MILLION
THRESHOLD FOR OPERATING EBITA SHOULD BE CLEARLY EXCEEDED FOR
YEAR AS A WHOLE
    * BASIC ASSUMPTION IS THAT THERE WILL BE NO RENEWED ECONOMIC
DISRUPTIONS AS AT BEGINNING OF 2020 PANDEMIC

Source text for Eikon:  ID:nEQfx0f5a 
Further company coverage:  AMDG.DE 

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