Brief: Cyan Expects Revenue And EBITDA 2020 At Level Of 2019

Cyan AG

18/06/2020 08:06

June 18 (Reuters) - CYAN AG  CYR.DE :
    * Q1 EBITDA OF EUR - 1.7 MILLION
    * CYAN AG PUBLISHES ANNOUNCEMENT FOR THE FIRST QUARTER 2020
    * GROUP TOTAL INCOME OF EUR 4.0 MILLION AND EBITDA OF EUR
-1.7
MILLION IN FIRST THREE MONTHS OF 2020
    * BECAUSE OF COVID-19 CRISIS, PREVIOUS SALES PLANNING WILL
BE
POSTPONED
    * FORECAST FOR 2021 OF EUR 75 MILLION IN SALES HAD TO BE
REVISED
AS A RESULT
    * CONTINUES TO ADHERE TO EXPECTATION THAT BOTH REVENUE AND
EBITDA
FOR FULL YEAR 2020 SHOULD AT LEAST BE AT LEVEL OF 2019

Source text for Eikon:  ID:nEQ5QgcTPa 
Further company coverage:  CYR.DE 

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