Brief: EDAG Engineering 9-Month Adjusted EBIT Down At EUR 28.2 Mln

EDAG Engineering AG

07/11/2019 06:37

Nov 7 (Reuters) - EDAG ENGINEERING GROUP AG  ED4.DE :
    * THIRD QUARTER 2019 WITH POSITIVE DYNAMICS IN THE LARGEST
SEGMENTS
    * GROUP REVENUES AFTER NINE MONTH WERE AT EUR 584.3 MILLION
(PREVIOUS YEAR: EUR 588.1 MILLION)
    * 9-MONTH ADJUSTED EBIT FOR GROUP WAS AT EUR 28.2 MILLION
(PREVIOUS YEAR: EUR 42.2 MILLION)
    * FOR FULL YEAR 2019, REVENUES ARE EXPECTED TO BE AT
PREVIOUS
YEAR'S LEVEL +/- ROUND 1%
    * ADJUSTED EBIT-MARGIN IS FORECASTED IN A RANGE OF ROUND
4-5%
    * FY EARNINGS AFTER TAX ARE EXPECTED TO BE BELOW 10 MILLION
EUROS

Source text for Eikon:  ID:nEQ70fZR9a 
Further company coverage:  ED4.DE 

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