Brief: Frequentis FY EBIT Rose By 10.3% To EUR 17.2 Million

Frequentis AG

02/04/2020 06:36

April 2 (Reuters) - FREQUENTIS AG  FQT.VI :
    * FY EBIT ROSE BY 10.3% TO EUR 17.2 MILLION
    * FY SALES INCREASE BY 6.3% TO EUR 303.6 MILLION
    * TO PROPOSE DIVIDEND OF EUR 0.15 PER SHARE
    * FROM ORDER BACKLOG OF EUR 391.5 MILLION, SALES OF AROUND
EUR
215.5 MILLION ARE EXPECTED TO BE REALIZED IN 2020, THE REST IN
2021 AND THE FOLLOWING YEARS
    * STRIVING TO FURTHER INCREASE SALES AND ORDER INTAKE IN
2020
    * INVESTMENTS (CAPEX) ARE ESTIMATED AT AROUND EUR 5 MILLION
FOR
2020
    * CANNOT QUANTIFY IMPACT OF SPREAD OF CORONA VIRUS

Source text for Eikon:  ID:nPexTbvPqa 
Further company coverage:  FQT.VI 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))