Brief: IT Competence Q1 EBITDA Up 20% At EUR 0.5 Mln

Audius SE

11/05/2020 08:08

May 11 (Reuters) - IT COMPETENCE GROUP SE  3IT.F :
    * Q1 EBIT WAS EUR 0.5 MILLION (Q1 2019 EBIT: EUR 0.4
MILLION).
    * Q1 REVENUE WAS EUR 6.4 MILLION (Q1 2019 REVENUE: EUR 6.1
MILLION) AND THUS INCREASED BY 5.2%
    * Q1 EBITDA INCREASED DISPROPORTIONATELY COMPARED TO THE
PREVIOUS
YEAR BY AROUND 20% AND WAS EUR 0.5 MILLION (EBITDA Q1 2019: EUR
0.4 MILLION).
    * Q1 ORDER BACKLOG ROSE TO AROUND EUR 16.0 MILLION (PREVIOUS
YEAR:
EUR 15.1 MILLION)
    * CONFIRMS ITS 2020 FORECAST OF SALES AT THE LEVEL OF THE
PREVIOUS
YEAR WITH SIGNIFICANTLY INCREASING PROFIT MARGINS.

Source text for Eikon:  ID:nEQ8VxNVba 
Further company coverage:  3IT.F 

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