Brief: Cemat Raises 2019 Profit Guidance

Cemat A/S

12/12/2019 15:06

Dec 12 (Reuters) - Cemat A/S  CEMAT.CO :
    * UPGRADE OF THE EXPECTATION FOR 2019
    * EXPECTS THAT EBIT FOR 2019 WILL REACH LEVEL OF AROUND DKK 6 MILLION
    * RAISES 2019 OUTLOOK DUE TO HIGHER REVENUES AND LOWER THAN EXPECTED COSTS
    * SEES FY 2019 NET RESULT BEFORE TAKING INTO ACCOUNT VALUATION OF INVESTMENT PROPERTY OF
AROUND
DKK 3.5 MILLION
    * EBIT IS EXPECTED TO DROP TO AROUND DKK 1 MILLION IN FY 2020

Source text for Eikon:  ID:nGNEb7RVDF 
Further company coverage:  CEMAT.CO 

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