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CSH - CENIT AG News Story

€14.35 0.4  2.5%

Last Trade - 22/01/21

Sector
Technology
Size
Small Cap
Market Cap £106.8m
Enterprise Value £93.6m
Revenue £138.1m
Position in Universe 700th / 1043

BRIEF-CENIT Q1 EBITDA Broadly Stable At EUR 2.3 Million

Tue 12th May, 2020 8:47am
May 12 (Reuters) - CENIT AG  CSHG.DE :
    * MANAGEMENT AND SUPERVISORY BOARD PROPOSE THE SUSPENSION OF
THE
DIVIDEND - CENIT RECORDS SLIGHT SALES DECLINE IN THE FIRST
QUARTER OF 2020
    * Q1 SALES REVENUES OF EUR K 39,228 (PRIOR YEAR: EUR K
41,238/-4.9%)
    * Q1 EBITDA OF EUR K 2,338 (PRIOR YEAR: EUR K 2,306/1.4%)
AND EBIT
OF EUR K 805 (PRIOR YEAR: EUR K 844/-4.7%)
    * Q1 GROSS PROFIT (OPERATING OUTPUT LESS COST OF MATERIALS)
AMOUNTED TO EUR K 20,064 (PRIOR YEAR: EUR K 20,814, REPRESENTING
A DECREASE OF -3.6%.
    * AS IT IS NOT POSSIBLE TO ESTIMATE NEITHER DURATION NOR
FURTHER
SPREAD OF PANDEMIC, WE ARE UNABLE TO MAKE A RELIABLE SALES AND
EARNINGS FORECAST AT PRESENT.
    * TO HOLD 2020 ANNUAL GENERAL MEETING AS A VIRTUAL GENERAL
MEETING

Source text for Eikon:  ID:nEQ2SRVBma 
Further company coverage:  CSHG.DE 

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