Brief: Aumann Adjusts Sales And Earnings Forecast For FY2109

Aumann AG

10/07/2019 19:59

July 10 (Reuters) - Aumann AG  AAGG.DE :
    * DGAP-ADHOC: AUMANN ADJUSTS SALES AND EARNINGS FORECAST
    * REVENUES OF EUR 240 TO 260 MILLION ARE NOW EXPECTED FOR
FISCAL
YEAR 2019
    * FY2019 ADJUSTED EBIT IS FORECAST AT UP TO EUR 22 MILLION,
BUT
MAY BE REDUCED TO EUR 16 MILLION DEPENDING ON FURTHER MARKET
DEVELOPMENTS
    * REPEATED POSTPONEMENTS OF ORDERS WITH SIGNIFICANT VOLUMES
LED TO
A DISAPPOINTING ORDER INTAKE OF AROUND EUR 85 MILLION IN FIRST
HALF OF YEAR

Source text for Eikon:  ID:nEQ55SB7la 
Further company coverage:  AAGG.DE 

 ((Reuters.Briefs@thomsonreuters.com;))