Brief: Elumeo SE Q1 Total Segment EBITDA Improved To EUR -1.0 Mln

Elumeo SE

30/08/2019 05:58

Aug 30 (Reuters) - elumeo SE  ELBG.DE :
    * DGAP-NEWS: ELUMEO SE: ELUMEO SE PUBLISHES QUARTERLY RELEASE ON Q1 2019 AND COMMENTS ON THE
SITUATION OF PWK JEWELRY COMPANY LTD.
    * SAYS  ALLEGATIONS ON SITUATION OF PWC IN THAILAND UNFOUNDED
    * GENERATED REVENUE OF EUR 12,0MILLION (PREVIOUS YEAR: EUR 16.6 MILLION) IN Q1 OF FINANCIAL
YEAR
2019
    * Q1 TOTAL SEGMENT EBITDA IMPROVED FROM EUR -2.5 MILLION TO EUR -1.0 MILLION
    * SEES RESULTS TO CONTINUE TO IMPROVE VERSUS PREVIOUS YEAR AND THAT Q4/2019 WILL MAKE A
POSITIVE
CONTRIBUTION TO OUR EARNINGS
    * CONFIDENT TO BE ABLE TO MEET OUR ANNUAL FORECAST FOR SALES GROWTH IN SINGLE-DIGIT
PERCENTAGE
RANGE
    * CONFIDENT TO BE ABLE TO MEET ANNUAL FORECAST FOR GROSS PROFIT GROWTH IN LOW DOUBLE DIGIT
PERCENTAGE RANGE
    * CONTINUES TO BE VERY INTERESTED IN ORDERLY CONDUCT OF PWK'S BUSINESS

Source text for Eikon:  ID:nEQ4VtkVma 
Further company coverage:  ELBG.DE 

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