Brief: AMAG Austria Metall Q1 Revenue Down At EUR 246.4 Million

AMAG Austria Metall AG

30/04/2020 06:40

April 30 (Reuters) - AMAG Austria Metall AG  AMAV.VI :
    * Q1 REVENUE OF EUR 246.4 MILLION BELOW PREVIOUS YEAR'S EUR
274.4
    * Q1 OPERATING RESULT (EBITDA) GROWS TO EUR 36.5 MILLION
    * Q1 NET INCOME AFTER TAXES AT EUR 11.5 MILLION, 51 % HIGHER
THAN
IN Q1 2019 (EUR 7.6 MILLION)
    * OUTLOOK 2020: NOTICEABLE DECREASE IN EARNINGS EXPECTED DUE
TO
COVID-19 PANDEMIC; EXTENT OF THIS REDUCTION CANNOT BE FORECAST
AT PRESENT DUE TO HIGH LEVEL OF MARKET UNCERTAINTIES

Source text for Eikon:  ID:nAPA7k3gP4 
Further company coverage:  AMAV.VI 

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