Brief: Aumann FY EBITDA Down At EUR 21.2 Million

Aumann AG

03/03/2020 07:06

March 3 (Reuters) - AUMANN AG  AAGG.DE :
    * AUMANN REPORTS PRELIMINARY FIGURES 2019 IN LINE WITH
GUIDANCE
CORRIDOR AND EXPECTS A DECLINE IN REVENUES AND EARNINGS IN 2020
DUE TO CURRENT MARKET CONDITIONS
    * EXPECTS REVENUES IN 2020 TO RANGE BETWEEN EUR 180 AND EUR
200
MILLION WITH A POSITIVE EBITDA MARGIN OF UP TO 5 %
    * FY ACHIEVED REVENUES OF EUR 259.6 MILLION REACHED UPPER
END OF
SET GUIDANCE CORRIDOR
    * FY EBITDA DECREASED BY 34.6 % TO EUR 21.2 MILLION
    * INTENSIFICATION OF CORONAVIRUS PANDEMIC IS NOT TAKING INTO
ACCOUNT IN 2020 GUIDANCE
    * FY ADJUSTED EBIT EUR 16.3 MILLION AND REACHED LOWER END OF
GUIDANCE CORRIDOR, ALSO DECREASED

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

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