Brief: Delticom 9-Month EBITDA At EUR -7.6 Mln

Delticom AG

15/11/2019 07:24

Nov 15 (Reuters) - DELTICOM AG  DEXGn.DE :
    * STARTS CHANGE PROCESS, ANNOUNCEMENT OF THE NINE MONTHLY
FIGURES,
ADJUSTMENT OF FULL-YEAR FORECAST
    * 9-MONTH GENERATED REVENUES IN AMOUNT OF EUR 420 MILLION
(9M 18:
EUR 418 MILLION)
    * EXTENSION OF TERM OF STANDSTILL AGREEMENT UNTIL 8 DECEMBER
2019
TO ENABLE COORDINATION OF FINANCING UNTIL END OF 2021
    * 9-MONTH EBITDA AMOUNTED TO EUR -7.6 MILLION AND WAS THUS
BELOW
CORRESPONDING PERIOD OF PREVIOUS YEAR (9M 18: EUR 3.4 MILLION)
    * FOR YEAR AS A WHOLE, MANAGEMENT NOW EXPECTS GROUP REVENUES
FROM
EUR 650 MILLION TO EUR 660 MILLION (PREVIOUS: EUR 660 MILLION TO
EUR 690 MILLION)
    * FOR 2019 EBITDA, A RANGE OF EUR -8 MILLION TO EUR -5
MILLION IS
CONSIDERED ACHIEVABLE
    * 2019 EBITDA BEFORE EXTRAORDINARY EXPENSES WOULD BE BETWEEN
EUR 5
MILLION AND EUR 8 MILLION

Source text for Eikon:  ID:nEQ7BgJ1Ba 
Further company coverage:  DEXGn.DE 

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