Brief: Daldrup & Soehne Adjustment Of Group Forecast Due To Conclusion Of Agreement With IKAV Group

Daldrup & Soehne AG

11/02/2021 08:48

Feb 11 (Reuters) - DALDRUP & SOEHNE AG  4DSG.DE :
    * ADJUSTMENT OF THE GROUP FORECAST AND LIQUIDITY INFLOW DUE
TO
CONCLUSION OF AN AGREEMENT WITH IKAV GROUP
    * GROUP FORECAST AS WELL AS FORECAST FOR DALDRUP & SÖHNE AG
FOR
FINANCIAL YEAR 2020 WILL THUS BE REDUCED AT EBIT LEVEL FROM A
MARGIN OF 2 % TO 4 % IN EACH CASE TO A NEGATIVE GROUP EBIT OF
APPROX. 4.9 MILLION EUROS AND 5.1 MILLION EUROS RESPECTIVELY.
    * FORECAST OF DALDRUP GROUP AND DALDRUP & SÖHNE AG REGARDING
A
TOTAL OUTPUT OF AT LEAST 40 MILLION EUROS REMAINS UNCHANGED
    * CONCLUSION OF AGREEMENT WILL LEAD TO AN EXTRAORDINARY
BURDEN ON
EARNINGS IN DALDRUP & SÖHNE AG AND IN DALDRUP GROUP OF APPROX.
5.7 MILLION EUROS ON BALANCE

Source text for Eikon:  ID:nEQ6PBm6za 
Further company coverage:  4DSG.DE 

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