Brief: Draegerwerk H1 Loss After Taxes Narrows To 14.6 Million Euros

Draegerwerk AG & Co KGaA

08/08/2019 06:52

Aug 8 (Reuters) - DRWG_p.DE  DRWG_p.DE :
    * Q2 EARNINGS BEFORE INTEREST AND TAXES (EBIT) AMOUNTED TO
-1.5
MILLION EUROS (Q2 2018: 3.2 MILLION EUROS)
    * H1 EBIT IN THE AMOUNT OF -12.2 MILLION EUROS (6 MONTHS
2018:
-36.6 MILLION EUROS)
    * H1 EARNINGS AFTER TAXES AMOUNTED TO € -14.6 MILLION (6
MONTHS
2018: € -29.3 MILLION)
    * OUTLOOK 2019: CURRENCY-ADJUSTED SALES GROWTH OF 1.0 TO 4.0
%,
WITH SALES EXPECTED TO BE AT UPPER END OF RANGE
    * OUTLOOK 2019: EBIT MARGIN IS STILL FORECAST BETWEEN 1.0
AND 3.0
PERCENT
    * H1 ORDER INTAKE INCREASED BY 3.1 PERCENT AFTER ADJUSTING
FOR
CURRENCY EFFECTS
    * H1 SALES OF EUR 1,235.9 MILLION WERE 10.8 PERCENT UP ON
PREVIOUS
YEAR (H1 2018: EUR 1,115.8 MILLION)

Source text: https://bit.ly/2ZHnDRH
Further company coverage:  DRWG_p.DE 

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