Brief: TIE Kinetix FY EBITDA Down At 0.6 Million Euros

ER Capital Nv

20/11/2019 10:30

Nov 20(Reuters) - TIE KINETIX NV  TIEH.AS :
    * FY TOTAL REVENUE OF € 15.796K (2018: € 16.892K)
    * FY EBITDA OF € 617K VS € 1.737K YEAR AGO
    * FY NET RESULT OF € -992K (2018: € 184K)
    * FY SUBSCRIPTION BASED OF € 11.610K (2018: € 12.218K)
    * "IN FY 2020 WE ARE PLANNING FOR REVENUE AND GROSS MARGIN
GROWTH"
- CEO
    * FY 2020: "WE DO NOT PLAN FOR BOTTOM LINE GROWTH" - CEO 
    * IN 2019 THE ORDER INTAKE IN FLOW APPLICATIONS FROM
EXISTING AND
NEW CUSTOMERS AMOUNTED TO € 16,3 MILLION (2018: € 11,2 MILLION)
AN 38% INCREASE COMPARED TO FY 2017
    * TOTAL ORDER INTAKE IS 100% RELATED TO OUR FLOW
APPLICATIONS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDLbvjpqS
    
 Further company coverage:  TIEH.AS  
   


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