Brief: Deutsche Rohstoff 9-Month EBITDA At EUR 21.7 Million

Deutsche Rohstoff AG

06/11/2020 12:31

Nov 6 (Reuters) - DEUTSCHE ROHSTOFF AG  DR0G.DE :
    * SEES 2020  EBITDA AT EUR 23 TO 26 MILLION (PREVIOUS
FORECAST:
EUR 15 TO 18 MILLION)
    * SEES 2020 NET LOSS AT 15 TO18 MILLION EUR (PREVIOUS
FORECAST:
EUR -20 MILLION)
    * 9-MONTH FINANCIALS ABOVE EXPECTATIONS
    * 9-MONTH GROUP GENERATED SALES OF EUR 32.3 MILLION, EBITDA
OF EUR
21.7 MILLION
    * OUTLOOK 2020: POSSIBLE IMPAIRMENTS AND INCOME OR LOSSES
FROM
SECURITIES TRANSACTIONS ARE NOT PART OF FORECAST
    * OUTLOOK 2020: OUTLOOK IS BASED ON ASSUMPTION OF AN AVERAGE
OIL
PRICE OF 40 USD/BARREL IN 4TH QUARTER AND AN EXCHANGE RATE OF
1.18 EUR/USD.

Source text for Eikon:  ID: 
Further company coverage:  DR0G.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))