Brief: Deufol H1 Net Income Up At 2.0 Million Euros

Deufol SE

16/08/2019 17:16

Aug 16 (Reuters) - DEUFOL SE  DE1n.H :
    * DEFIES ECONOMIC SLOWDOWN IN INDUSTRIAL MANUFACTURING AND
ENGINEERING
    * H1 SALES EUR 128.2 MILLION (PRIOR YEAR EUR 131.5 MILLION)
    * H1 EBITDA EUR 13.3 MILLION (PRIOR YEAR EUR 8.2 MILLION)
    * H1 NET RESULT EUR 2.0 MILLION (PRIOR YEAR EUR 1.6 MILLION)
    * H1 EBIT(A) EUR 3.1 MILLION (PRIOR YEAR EUR 3.9 MILLION)
    * EXPECTS THAT ITS SALES FOR 2019 WILL BE SLIGHTLY BELOW
TARGET
CORRIDORS OF EUR 270 MILLION AND EUR 290 MILLION AS ORIGINALLY
PUBLISHED IN FINANCIAL REPORT FOR 2018
    * FOR OPERATING RESULT (EBITDA), DEUFOL NOW EXPECTS TO
ACHIEVE
BETWEEN EUR 25.5 MILLION AND EUR 27.5 MILLION IN 2019
    * EBITDA FOR 2019 IS NOT COMPARABLE TO PRIOR YEAR AND TO
ORIGINAL
PLANNING

Source text for Eikon:  ID:nEQ79jb0sa 
Further company coverage:  DE1n.H 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))