Brief: Deutsche Rohstoff Sees 2020 EBITDA Of Around EUR 15 Million

Deutsche Rohstoff AG

11/05/2020 17:11

May 11 (Reuters) - DEUTSCHE ROHSTOFF AG  DR0G.DE :
    * DEUTSCHE ROHSTOFF AG: ANNUAL REPORT 2019 AND NEW FORECAST
FOR
2020 PUBLISHED, DIVIDEND PROPOSAL OF 0,10 EUR
    * FOR YEAR 2020, CONSOLIDATED REVENUE OF EUR 33 TO 37
MILLION
(PREVIOUS YEAR: EUR 41.2 MILLION)
    * SEES 2020 EBITDA OF AROUND EUR 15 MILLION (PREVIOUS YEAR:
EUR
22.7 MILLION)
    * OUTLOOK 2020: NEGATIVE CONSOLIDATED NET INCOME IN MID
SINGLE-DIGIT MILLION EURO RANGE (PREVIOUS YEAR: EUR 0.2 MILLION)
    * WILL PROPOSE A DIVIDEND OF EUR 0.10 PER SHARE (PREVIOUS
YEAR:
EUR 0.70 PER SHARE)
    * FOR 2020 AS A WHOLE, GROUP EXPECTS NET PRODUCTION OF
AROUND
3,200 TO 3,600 BARRELS OF OIL EQUIVALENT PER DAY
    * AGM WILL BE HELD IN MANNHEIM ON 15 JULY 2019 AS A VIRTUAL
AGM

Source text for Eikon:  ID:nEQ63FMRMa 
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