Brief: Cemat FY EBIT Falls To DKK 2.0 Million

Cemat A/S

21/02/2019 11:36

Feb 21 (Reuters) - Cemat A/S  CEMAT.CO :
    * REG-NO 1/2019 - PUBLICATION OF ANNUAL REPORT
    * FY REVENUE DKK 39.2  MILLION VERSUS DKK 39.0 MILLION YEAR
AGO
    * BOARD OF DIRECTORS RECOMMENDS TO THE ANNUAL GENERAL
MEETING THAT
NO DIVIDEND BE DECLARED IN RESPECT OF THE 2018 FINANCIAL YEAR
    * FY EBIT DKK 2.0 MILLION VERSUS DKK 3.1 MILLION YEAR AGO
    * REVENUE OF CEMAT '70 IS EXPECTED TO DECREASE SLIGHTLY IN
2019
DUE TO THE LOWER SALE OF UTILITIES TO TOPSIL AFTER THE
TERMINATION OF ITS LEASING CONTRACT, BUT THIS SHOULD RECOVER IN
2020
    * CONSOLIDATED EBITDA FOR THE CEMAT GROUP IS EXPECTED TO BE
AROUND
DKK 3-4 MILLION IN 2019
    * SMALL POSITIVE NET RESULT BEFORE TAKING INTO ACCOUNT THE
VALUATION OF THE INVESTMENT PROPERTY IS EXPECTED FOR 2019

Source text for Eikon:  ID:nGNE4M2y4y 
Further company coverage:  CEMAT.CO 

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