Brief: Deutsche Rohstoff 9-Month EBITDA Down At EUR 19.2 Million

Deutsche Rohstoff AG

08/11/2019 06:34

XXX (Reuters) - DEUTSCHE ROHSTOFF AG  DR0G.DE :
    * SAID ON THURSDAY 9-MONTH SALES WERE AT EUR 31.2 MILLION
(PREVIOUS YEAR: EUR 88.4 MILLION)
    * 9-MONTH EBITDA EUR 19.2 MILLION (PREVIOUS YEAR: EUR 79.5
MILLION
    * EXPECTS 2019 FINANCIAL RESULT IN LINE WITH FORECASTED
RANGE
    * 2019 REVENUES AND EBITDA ARE EXPECTED TO BE AT THE LOW END
OF
FORECASTED RANGE
    * EXPECTED COST OF BOND PLACEMENT MAY LEAD TO EBITDA
SLIGHTLY
BELOW LOWER RANGE OF GUIDANCE
    * NET RESULT FOR 2019 IS STILL EXPECTED TO BE POSITIVE
    * FORECAST FOR 2020 REMAINS UNCHANGED

    
 Source text for Eikon:  ID:nEQ3pYP7ca 
 Further company coverage:  DR0G.DE  
   


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