Brief: Friwo H1 EBIT Swings To Loss Of 2.3 Million Euros

FRIWO AG

17/07/2019 13:26

July 17 (Reuters) - Friwo AG  CEAG.DE :
    * H1  SALES ABOUT 49.7 MILLION EUROS, WHICH IS ABOUT 19.7
PERCENT
LESS THAN IN THE SAME PERIOD LAST YEAR
    * EBIT WAS AROUND -2.3 MILLION EUROS IN THE FIRST HALF OF
2019 (6M
2018: 2.1 MILLION EUROS)
    * NOW SEES 2019 SALES IN THE RANGE OF € 103 TO 107 MILLION
(PREVIOUSLY: SLIGHT DECLINE COMPARED TO THE PREVIOUS YEAR'S
FIGURE OF € 120.5 MILLION)
    * EBIT IS EXPECTED TO BREAK EVEN IN 2019, REACHING A VALUE
OF EUR
-2.0 MILLION

Source text for Eikon:  ID:nEQ7FWYdQa 
Further company coverage:  CEAG.DE 

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