Brief: A.S. Creation Tapeten Plans Dividend Of EUR 0.90/Shr

AS Creation Tapeten AG

02/04/2020 07:44

April 2 (Reuters) - AS Creation Tapeten AG  ACWNn.DE :
    * DIVIDEND OF EUR 0.90 PER SHARE PLANNED
    * FY CONSOLIDATED REVENUES AT EUR 141.1 MILLION, UP BY 4.9%
ON
PREVIOUS YEAR'S EUR 134.5 MILLION
    * RETURNED TO PROFIT IN FY 2019 AND REPORTED AN OPERATING
PROFIT
OF EUR 4.5 MILLION
    * UNCERTAIN OUTLOOK ON 2020
    * ADJUSTED FOR CURRENCY EFFECTS, EBIT IMPROVED BY EUR 5.1
MILLION
FROM EUR -1.7 MILLION IN PREVIOUS YEAR TO EUR 3.4 MILLION IN
2019
    * DECLINING REVENUES PROJECTED FOR COMING MONTHS
    * ORIGINAL PROJECTIONS FOR FY 2020 HAVE NOT BEEN REVISED YET
    * FY BOTTOM-LINE PROFIT AFTER TAX OF EUR 14.1 MILLION VERSUS
LOSS
AFTER TAX OF EUR -6.0 MILLION YEAR AGO

Source text for Eikon:  ID:nEQ9DdbNya 
Further company coverage:  ACWNn.DE 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))