Nov 8 (Reuters) - DATA MODUL AG PRODUKTION UND VERTRIEB VON
ELEKTRONISCHEN SYSTEMEN DAMG.DE :
* Q3 REVENUES HAVE FALLEN 28.6% VERSUS SAME QUARTER LAST
YEAR,
DOWN BY 44.3 MILLION EUROS
* Q3 ORDERS RECEIVED DOWN 27.9% YEAR-ON-YEAR TO 46.3 MILLION
EUROS
* Q3 EBIT HAS FALLEN TO -0.4 MILLION EUROS, DOWN 107.6% FROM
5.9
MILLION EUROS FOR Q3 OF 2018
* ECONOMIC CONDITIONS HAVE HAD CONSIDERABLE NEGATIVE IMPACT
FOR
DATA MODUL'S BUSINESS IN 2019
* Q3 NET PROFIT FOR PERIOD -429,000 EUR VERSUS 4.306 MILLION
EUR
YEAR AGO
* TO INTRODUCE SYSTEMATIC MEASURES ACROSS ALL AREAS TO
PRUDENTLY
CUT COSTS, SHIFT INVESTMENT AND REDUCE STAFF LEVELS
Source text for Eikon: ID:nEQ7hmPxfa
Further company coverage: DAMG.DE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
