Brief: HanseYachts Q1 EBITDA At EUR -2.0 Mln

HanseYachts AG

30/11/2020 06:04

Nov 30 (Reuters) - HANSEYACHTS AG  H9YG.DE :
    * REVENUES AND EBITDA IN Q1 OF 2020/21 WERE HIGHER THAN
COMPARABLE
PERIOD OF LAST YEAR
    * CONSOLIDATED REVENUES OF EUR 28.4 MILLION IN Q1 (JULY TO
SEPTEMBER 2020) OF NEW 2020/2021 FINANCIAL YEAR (PY: EUR 26.3
MILLION)
    * EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND
AMORTIZATION
(EBITDA) IMPROVED TO EUR -2.0 MILLION IN Q1 OF 2020/21 (PY: EUR
-2.6 MILLION)
    * EXPECTS THAT REVENUES GENERATED IN FULL YEAR 2020/21 WILL
BE
MODERATELY HIGHER
    * LOSS GENERATED IN Q1 AMOUNTED TO EUR -3.8 MILLION (PY: EUR
-4.4
MILLION)
    * EXPECTED FY EBITDA WILL BE SLIGHTLY LESS THAN RESPECTIVE
PRIOR-YEAR FIGURES
    * FY PROFIT WILL BE CONSIDERABLY HIGHER THAN PRIOR-YEAR
FIGURE DUE
TO ABSENCE OF NON-RECURRING CHARGES

Further company coverage:  H9YG.DE 

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