Brief: Frequentis H1 Order Intake Up At EUR 171.8 Mln

Frequentis AG

18/08/2020 06:34

Aug 18 (Reuters) - FREQUENTIS AG  FQT.VI :
    * INCREASE IN ORDER INTAKE TO EUR 171.8 MILLION IN FIRST SIX
MONTHS OF 2020 (+28.8% COMPARED WITH FIRST HALF OF 2019).
    * H1 EBIT IMPROVED TO EUR -1.0 MILLION (H1 2019:EUR 3.9
MILLION)
    * H1 EBITDA INCREASED TO EUR 6.0 MILLION IN REPORTING PERIOD
(H1
2019: EUR 2.4 MILLION)
    * AIMS TO ROUGHLY MAINTAIN OR EVEN INCREASE REVENUES AND
ORDER
INTAKE IN 2020 AS A WHOLE.
    * MADE A LOSS OF EUR 0.2 MILLION IN FIRST HALF OF 2020 (H1
2019:
LOSS OF EUR 2.4 MILLION)
    * ORDERS ON HAND AS AT 30 JUNE 2020 AMOUNTED TO EUR 445.2
MILLION,
AN INCREASE OF 13.7% OR EUR 53.7 MILLION COMPARED WITH YEAR-END
2019 (EUR 391.5 MILLION)

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

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