Brief: Dierig Holding Sees FY Result Down By Around EUR 3 To 4 Mln Vs Year Ago

Dierig Holding AG

29/11/2019 17:14

Nov 29 (Reuters) - DIERIG HOLDING AG  DIEG.DE :
    * ANNOUNCES DECLINE IN ITS CONSOLIDATED EARNINGS FORECAST
    * SEES CONSOLIDATED RESULT TO BE APPROXIMATELY 3 TO 4
MILLION
EUROS BELOW THE PREVIOUS YEAR'S LEVEL
    * MADE PROVISION TO ENSURE COMPANY'S DIVIDEND ABILITY FOR
CURRENT
FINANCIAL YEAR DESPITE THE PROJECTED DECLINE IN EARNINGS
    * REASON OF DECLINE IN CONSOLIDATED EARNINGS IS WRITE-DOWNS
WHICH
WERE NECESSARY DUE TO MAJOR SUPPLIER CEASING OPERATIONS

Source text for Eikon:  ID:nEQ9pw6ma 
Further company coverage:  DIEG.DE 

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