Brief: Francotyp-Postalia Holding Says Expects EBITDA For Past Fiscal Year To Be Between Eur 7 Mln And Eur 8 Mln

Francotyp Postalia Holding AG

23/02/2021 22:18

Feb 23 (Reuters) - Francotyp Postalia Holding AG  FPHG.DE :
    * ONE-TIME EFFECTS IMPACT EBITDA 2020
    * MANAGEMENT BOARD EXPECTS EBITDA FOR PAST FISCAL YEAR TO BE
BETWEEN EUR 7 MILLION AND EUR 8 MILLION
    * EXPECTED 2020 EBITDA OF 24 TO 28 MILLION EUROS WILL NOT BE
ACHIEVED
    * 2020 REVENUE GUIDANCE OF 195 MILLION TO 203 MILLION EUROS
IS
CONFIRMED
    * FOR 2021, EXPECTS SLIGHT DECLINE IN REVENUE IN CORE
FRANKING
BUSINESS
    * FY IMPAIRMENT LOSSES ON INTANGIBLE, OTHER ASSETS OF ABOUT
EUR 2
MILLION ARE EXPECTED, WHICH WILL IMPACT EARNINGS BEFORE INTEREST
& TAXES
    * AIM IS TO ACHIEVE ANNUAL COST SAVINGS EXCEEDING EUR 10
MILLION
FROM 2022/2023
    * FIRST EARNINGS CONTRIBUTIONS ARE EXPECTED AS EARLY AS
2021,
HELPING TO ACHIEVE SUSTAINED IMPROVEMENT IN PROFITABILITY
(EBITDA)

Source text for Eikon:  ID:nEQ9sMJNPa 
Further company coverage:  FPHG.DE 

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