Brief: European Energy Exchange Announces Revised Financial Outlook For 2019

European Energy Exchange AG

20/12/2019 07:07

Dec 20 (Reuters) - European Energy Exchange AG  T3PA.DE :
    * REG-EUROPEAN ENERGY A/S: SALE OF SWEDISH WIND FARM AND
REVISED
FINANCIAL OUTLOOK FOR 2019
    * EUROPEAN ENERGY EXCHANGE - BOARD OF DIRECTORS OF EUROPEAN
ENERGY
HAS DECIDED TO ADJUST ITS FINANCIAL OUTLOOK FOR 2019
    * EUROPEAN ENERGY EXCHANGE AG  T3PA.DE  - NET RESULTS BEFORE
TAX
IN 2020 IS EXPECTED TO BE IN LINE WITH 2019
    * EUROPEAN ENERGY EXCHANGE - DECISION TO ADJUST 2019
FINANCIAL
OUTLOOK PARTLY BASED ON CLOSING OF DIVESTMENT OF SWEDISH WIND
FARM ZINKGRUVAN
    * EUROPEAN ENERGY EXCHANGE - FOR 2019 EXPECTS PROFIT BEFORE
TAX OF
EUR 35-37 MILLION AND EBITDA OF EUR 45-47 MILLION
    * EUROPEAN ENERGY EXCHANGE - IN 2020, EXPECT A HIGHER EBITDA
THAN
THIS YEAR
    * EUROPEAN ENERGY EXCHANGE - DUE TO GROUPS ACQUISITION OF
ENERGY
PLANTS DURING 2019, DEPRECIATION AND FINANCIAL COSTS WILL
INCREASE IN 2020

Source text for Eikon:  ID:nGNE9NNHyw 
Further company coverage:  T3PA.DE 

 ((Reuters.Briefs@thomsonreuters.com;))