Brief: Brunel International Q3 EBIT Up At 14 Million Euros

Brunel International NV

01/11/2019 06:47

Nov 1 (Reuters) - BRUNEL INTERNATIONAL NV  BRUN.AS :
    * REG-RESULTS Q3 2019
    * Q3 REVENUE UP BY 11% TO EUR 260 MILLION
    * Q3 EBIT CONTINUED OPERATIONS UP BY 13% TO EUR 14 MILLION
    * FOR OUR CONTINUED ACTIVITIES, REVENUE FOR THE FULL YEAR IS
EXPECTED TO BE BETWEEN EUR 980 MILLION AND EUR 1,030 MILLION,
WITH EBIT BETWEEN EUR 37 MILLION AND EUR 42 MILLION.
    * DIVIDEND WILL BE BASED ON NORMALISED EARNINGS
    * BRUNEL HAS THE DIVIDEND POLICY TO PAY OUT BETWEEN 30% AND
100%
OF THE RESULT OVER THE YEAR.
    * END-Q3 CASH POSITION INCREASED TO EUR 81.7 MILLION (30
JUNE
2019: EUR 60.6 MILLION)
    * 2019 OUTLOOK: REPORTED EBIT IS EXPECTED TO BE BETWEEN EUR
15
MILLION AND EUR 20 MILLION FOR FULL YEAR 2019
    * 2019 OUTLOOK: INCLUDING BIS, REVENUE WILL BE BETWEEN EUR
1,025
MILLION AND 1,075 MILLION

Source text for Eikon:  ID:nGNE918RkM 
Further company coverage:  BRUN.AS 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))