Brief: Amadeus Fire Raises 2019 Earnings Forecast

Amadeus Fire AG

24/07/2019 15:31

July 24 (Reuters) - Amadeus Fire AG  AMDG.DE :
    * DGAP-ADHOC: AMADEUS FIRE AG: RAISING THE EARNINGS FORECAST
FOR
2019 AND OUTLOOK TO THE HALF-YEAR FINANCIAL REPORT
    * HALF YEAR EBITA ROSE 15.7 PERCENT TO 17.6 MILLION EUR
    * H1 NET PROFIT ROSE 15.4 PERCENT TO 12.1 MILLION EUR
    * IN FIRST SIX MONTHS OF FISCAL YEAR 2019 AMADEUS FIRE GROUP
ACHIEVED CONSOLIDATED REVENUE OF EUR 110.9 MILLION; AN INCREASE
OF 13.4 PERCENT.
    * IN FIRST HALF YEAR 2019 GROSS PROFIT OF AMADEUS FIRE GROUP
CLIMBED BY 13.6 PERCENT TO EUR 51.7 MILLION.
    * H1EBITA CLIMBED BY 15.7 PERCENT TO EUR 17.6 MILLION.
    * NET INCOME FOR FIRST HALF OF 2019 AMOUNTED TO EUR 12.1
MILLION,
    * NOW EXPECTS TO BE ABLE TO EXPAND PREVIOUS YEAR'S EBITA BY
MORE
THAN 10 PERCENT FOR FISCAL YEAR 2019.
    * FOR SECOND HALF OF YEAR, MANAGEMENT BOARD EXPECTS A
FUNDAMENTALLY UNCHANGED SUPPLY AND DEMAND MARKET SITUATION

Source text for Eikon:  ID:nEQ3qgtfTa 
Further company coverage:  AMDG.DE 

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