Brief: Cewe Q2 EBIT At -1.0 Mln Euros

CEWE Stiftung & Co KGaA

06/08/2020 06:07

Aug 6 (Reuters) - CEWE STIFTUNG & CO KGAA  CWCG.DE :
    * IN A STABLE POSITION EVEN AFTER THE CORONAVIRUS QUARTER
    * Q2 TURNOVER, AT 130.6 MILLION EUROS, FELL ONLY 2.7 % SHORT
OF
TURNOVER GENERATED IN SAME PERIOD OF PREVIOUS YEAR (Q2 2019:
134.2 MILLION EUROS)
    * Q2 EBIT IMPROVED CLEARLY, BY 2.4 MILLION EUROS TO -1.0
MILLION
EUROS (Q2 2019: -3.4 MILLION EUROS)
    * PRESUMES THAT IT WILL ACHIEVE SOLID ANNUAL NET INCOME
OVERALL IN
2020 AS WELL

Source text for Eikon:  ID:nEQ8v4hCBa 
Further company coverage:  CWCG.DE 

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