Brief: Componenta FY EBITDA Down At EUR 3.7 Million

Componenta Oyj

22/03/2019 07:20

March 22 (Reuters) - Componenta Corp  CTH1V.HE :
    * COMPONENTA'S FINANCIAL STATEMENTS RELEASE 1 JANUARY-31
DECEMBER
2018: THE NET SALES REMAINED ON PAR WITH THE PREVIOUS YEAR AND
THE ADJUSTED OPERATING PROFIT IMPROVED SLIGHTLY
    * EXPIRY OF TERMINATED CUSTOMER RELATIONSHIP CONTRACTS WILL
DECREASE NET SALES OF GROUP IN 2019
    * EXPECTS NET SALES OF CONTINUED OPERATIONS IN 2019 TO
AMOUNT TO
EUR 70-90 MILLION
    * IT IS EXPECTED THAT 2019 EBITDA WITHOUT ITEMS AFFECTING
COMPARABILITY WILL REMAIN POSITIVE
    * POTENTIAL FLUCTUATIONS IN EXCHANGE RATES, HIGHER RAW
MATERIAL
PRICES AND GENERAL COMPETITIVE CLIMATE MAY AFFECT BUSINESS
OUTLOOK
    * JAN-DEC NET SALES REMAINED ON PAR WITH PREVIOUS YEAR AT
EUR
120.7 MILLION (EUR 122.4 MILLION)
    * JAN-DEC EBITDA DECREASED BY 87.6%, AND WAS EUR 3.7 MILLION
(EUR
29.8 MILLION)

Source text for Eikon:  ID:nWkr6mQwCx 
Further company coverage:  CTH1V.HE 

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