Oct 16 (Reuters) - Data Modul AG Produktion und Vertrieb von Elektronischen Systemen
DAMG.DE :
* DGAP-ADHOC: DATA MODUL AKTIENGESELLSCHAFT PRODUKTION UND VERTRIEB VON ELEKTRONISCHEN
SYSTEMEN:
DECLINE IN SALES AND EARNINGS DURING THE THIRD QUARTER OF 2019 COMPARED TO PREVIOUS YEAR AND
ADJUSTMENT OF THE FORECAST FOR THE FISCAL YEAR 2019
* GROUP EBIT IN Q3 OF FISCAL YEAR 2019 AMOUNTED TO EUR -0.4 MILLION, MARKING A DECLINE OF
APPROX.
107 % I
* Q3 SALES DECLINED BY APPROX. 29 % TO EUR 44.3 MILLION IN COMPARISON TO EUR 62.1 MILLION
YEAR AGO
* Q3 BOOKINGS DECLINED BY ABOUT 28 % TO EUR 46.3 MILLION IN COMPARISON TO EUR 64.2 MILLION
YEAR
AGO
* FURTHER ADJUSTS ITS FORECAST FOR FISCAL YEAR 2019
* OUTLOOK 2019: ORDERS RECEIVED: DECLINE BY 11-19% (PREVIOUSLY FORECASTED: GROWTH BY 3-19%)
* OUTLOOK 2019: ORDER BACKLOG: INCREASE BY 2-15% (PREVIOUSLY FORECASTED: GROWTH BY 4-15%)
* OUTLOOK 2019: SALES: DECLINE BY 7-16% (PREVIOUSLY FORECASTED: GROWTH BY 3-19%)
* OUTLOOK 2019: EBIT: DECLINE BY 33-57% (PREVIOUSLY FORECASTED: GROWTH BY 1-20%)
* OUTLOOK 2019: NET INCOME: DECLINE BY 34-58% (PREVIOUSLY FORECASTED: GROWTH BY 3-20%)
* OUTLOOK 2019: RETURN ON EQUITY: DECLINE BY 32-56% (PREVIOUSLY FORECASTED: GROWTH BY 0-5%)
Source text for Eikon: ID:nEQ3v2hnja
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