Brief: Encavis AG Says Management Board Confirms Guidance For The Full Year 2024

Encavis AG

14/05/2024 17:47

May 14 (Reuters) - Encavis AG  ECVG.DE :
    * EQS-NEWS: ENCAVIS AG: RESULTS FOR Q1/2024 ARE, AS
EXPECTED,
BELOW THE COMPARATIVE PERIOD OF THE PREVIOUS YEAR, BUT STILL
GENERALLY IN LINE WITH PLAN – MANAGEMENT BOARD CONFIRMS GUIDANCE
FOR THE FULL YEAR 2024
    * QTRLY NET OPERATING REVENUE OF EUR 86.6 MILLION WERE
AROUND 12%
LOWER THAN PREVIOUS YEAR'S FIGURE OF EUR 98.8 MILLION
    * OVERALL, A MODERATE IMPROVEMENT OF ESSENTIAL KEY FIGURES
OF
GROUP IS EXPECTED FOR FINANCIAL YEAR 2024.
    * QTRLY CASH FLOW FROM OPERATING ACTIVITIES DECREASED BY
AROUND
30% TO EUR 36.3 MILLION (PREVIOUS YEAR: EUR 51.8 MILLION).

Source text for Eikon:  ID:nEQ7mNq9Sa 
Further company coverage:  ECVG.DE 

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