Brief: Friwo 9-month EBIT Down At EUR -3.4 Mln

FRIWO AG

07/11/2019 09:12

Nov 7 (Reuters) - FRIWO AG  CEAG.DE :
    * EBIT) AMOUNTED TO € -3.4 MILLION IN THE FIRST NINE MONTHS
(PREVIOUS YEAR: € +3.7 MILLION).
    * SALES REACHED € 72.5 MILLION, A DECREASE OF 16.5%
(PREVIOUS YEAR
€ 86.9 MILLION)
    * 9-MONTH EARNINGS AFTER TAXES OF -4.1 MILLION EUROS
(PREVIOUS
YEAR PERIOD: +2.2 MILLION EUROS).
    * FOR 2019, SEES CONSOLIDATED SALES AT THE LOWER END OF THE
LAST
COMMUNICATED TARGET RANGE OF EUR 103 TO 107 MILLION
    * IN TERMS OF EBIT, THE MANAGEMENT BOARD CONTINUES TO
BELIEVE THAT
A VALUE IN THE RANGE OF EUR 0 TO -2.0 MILLION CAN BE ACHIEVED
FOR 2019

Source text for Eikon:  ID:nEQ8FZZkJa 
Further company coverage:  CEAG.DE 

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