Brief: Vita 34 Q4 Net Profit Down At EUR 122,000

FamiCord AG

23/03/2020 06:33

March 23 (Reuters) - VITA 34 AG  V3VGn.DE :
    * EBITDA 2019 EXCEEDS FULL-YEAR OUTLOOK WITH EUR 5.7 MILLION
    * FOURTH-QUARTER REVENUE INCREASES ORGANICALLY BY 5.6
PERCENT TO
EUR 5.1 MILLION
    * OUTLOOK 2020: EXPECTS REVENUES OF BETWEEN EUR 19.0 AND
21.0
MILLION
    * OUTLOOK 2020: EBITDA OF BETWEEN EUR 4.8 AND 5.8 MILLION
(EXCLUDING ACQUISITIONS)
    * DOES NOT EXPECT A SUSTAINED NEGATIVE IMPACT ON BUSINESS
DEVELOPMENT RESULTING FROM CORONAVIRUS
    * CURRENT ASSESSMENT OF COMPANY'S DEVELOPMENT IN FISCAL YEAR
2020
DOES NOT INCLUDE EFFECTS OF A SIGNIFICANTLY FURTHER SPREAD OF
COVID-19
    * Q4 NET PROFIT AT EUR 122,000 VERSUS LOSS OF 217,000 YEAR
AGO

Source text for Eikon:  ID:nEQ99q3RTa 
Further company coverage:  V3VGn.DE 

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