Brief: B&S Banksysteme Says Cannot Maintain The Current Forecast

B+S Banksysteme AG

13/03/2020 15:02

March 13 (Reuters) - B&S Banksysteme AG  DTDGk.DE :
    * B&S BANKSYSTEME AG - DUE TO THE CURRENT NEGATIVE OVERALL ECONOMIC DEVELOPMENT AND THE
DELAYED
ORDER INTAKE FROM NEW AND EXISTING CUSTOMERS, B + S BANKSYSTEME CANNOT MAINTAIN THE CURRENT
FORECAST
    * B&S BANKSYSTEME AG - CANCELLATION OF MANY EVENTS AND TRADE FAIRS AS WELL AS CUSTOMER
APPOINTMENTS SUGGESTS A NEGATIVE IMPACT ON SALES AND EBIT FOR THE CURRENT FINANCIAL YEAR
2019/20.
    * B&S BANKSYSTEME AG -  ONE-OFF SPECIAL DEPRECIATION OF APPROXIMATELY EUR 400 THOUSAND IS
EXPECTED
TO BE MADE ON THE INDIVIDUAL FINANCIAL STATEMENTS IN THE HGB
    * B&S BANKSYSTEME AG - FORECAST FOR THE 2019/20 FINANCIAL YEAR MUST BE REDUCED BY
APPROXIMATELY
EUR 950 THOUSAND TO AN OPERATING PERFORMANCE OF APPROXIMATELY EUR 11,780 THOUSAND
    * B&S BANKSYSTEME AG - A BALANCED RESULT IS EXPECTED DUE TO THE PLANNED COST SAVINGS.

Source text for Eikon:  ID:nEQbzYKb6a 
Further company coverage:  DTDGk.DE 

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