Brief: AS Creation Tapeten Q1 Earnings Before Interest And Taxes At EUR -1.5 Mln

AS Creation Tapeten AG

14/05/2020 12:13

May 14 (Reuters) - AS CREATION TAPETEN AG  ACWNn.DE :
    * ANNUAL GENERAL MEETING OF SHAREHOLDERS APPROVES DIVIDEND
OF €
0.90 PER SHARE FOR 2019. Q1 2020 IN LINE WITH EXPECTATIONS.
    * AT EUR 37.8 MILLION, GROUP'S REVENUES IN FIRST THREE
MONTHS OF
2020 WERE DOWN BY A MODERATE 1.1% ON PREVIOUS YEAR'S EUR 38.2
MILLION
    * Q1 EARNINGS BEFORE INTEREST AND TAXES AT EUR -1.5 MILLION
    * Q1 EARNINGS AFTER TAXES EUR -2.3 MILLION
    * AT THIS POINT IN TIME, MANAGING BOARD IS UNABLE TO
RELIABLY
ESTIMATE EFFECTS CORONAVIRUS CRISIS WILL HAVE ON FULL FISCAL
YEAR.
    * INTENDS TO DECIDE AT A LATER DATE ON A POSSIBLE ADJUSTMENT
OF
PLANS AND BUDGETS FOR FULL FISCAL YEAR
    * Q1 ADJUSTED EARNINGS BEFORE INTEREST AND TAXES ROSE TO EUR
2.0
MILLION

Source text for Eikon:  ID:nEQbhyL61a 
Further company coverage:  ACWNn.DE 

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