Brief: Delticom AG Expects Group Revenues For FY To Range From EUR 550 Mln To EUR 570 Mln

Delticom AG

11/08/2020 19:33

Aug 11 (Reuters) - Delticom AG  DEXGn.DE :
    * DGAP-ADHOC: DELTICOM AG ADJUSTS FULL-YEAR FORECAST AFTER A
POSITIVE BUSINESS DEVELOPMENT IN THE SECOND QUARTER AND A
SUCCESSFUL TURNAROUND MANAGEMENT
    * DGAP-ADHOC: DELTICOM AG ADJUSTS FULL-YEAR FORECAST AFTER A
POSITIVE BUSINESS DEVELOPMENT IN THE SECOND QUARTER AND A
SUCCESSFUL TURNAROUND MANAGEMENT
    * GROUP REVENUES FOR YEAR AS A WHOLE ARE NOW EXPECTED TO
RANGE
FROM EUR 550 MILLION TO EUR 570 MILLION
    * COMPANY'S MANAGEMENT IS RAISING ITS EARNINGS FORECAST FOR
FULL
YEAR
    * DELTICOM GROUP'S EBITDA FOR 2020 FISCAL YEAR IS NOW
PLANNED
WITHIN A RANGE OF EUR +5 TO +8 MILLION
    * RESTRUCTURING COSTS IN 2020 WILL AMOUNT TO AROUND EUR 5
MILLION
IN TOTAL
    * OPERATING EBITDA WILL ALSO BE HIGHER THAN ORIGINALLY
PLANNED AT
EUR +10 MILLION TO +13 MILLION

Source text for Eikon:  ID:nEQ7SVCr4a 
Further company coverage:  DEXGn.DE 

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