Brief: HanseYachts Q3 Profit Turns To Loss Of EUR 0.4 Million

HanseYachts AG

29/05/2020 06:08

May 29 (Reuters) - HANSEYACHTS AG  H9YG.DE :
    * INTERIM MANAGEMENT STATEMENT FOR THE THIRD QUARTER 2019/20
    * Q3 RECORD ORDER BOOK IN A PERIOD OF 9 MONTHS OF EUR 81.7
MILLION
(PREVIOUS YEAR: EUR 63.9 MILLION)
    * Q3 REVENUES OF EUR 33.0 MILLION (Q3 2018/19: EUR 40.0
MILLION)
    * Q3 GROSS PROFIT IN Q3 OF 2019/20 AT EUR 18.8 MILLION WAS
ONLY
EUR 0.2 MILLION BELOW FIGURE FOR SAME PERIOD LAST YEAR (Q3
2018/19: EUR 19.0 MILLION)
    * Q3 EBITDA (EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION
AND
AMORTISATION) AMOUNTED TO EUR +1.5 MILLION IN Q3 OF 2019/20 (Q3
2018/19: EUR +2.5 MILLION)
    * QUARTERLY RESULT OF EUR -0.4 MILLION IN Q3 (Q3 2018/19:
EUR +0.8
MILLION).
    * RELIABLE ESTIMATE OF BUSINESS DEVELOPMENT IN REMAINING
FISCAL
YEAR 2019/20 IS CURRENTLY NOT POSSIBLE
    * EXPECTS A NET LOSS FOR GROUP FOR FISCAL YEAR 2019/20.

Source text for Eikon:  ID:nEQ9mHL9Ba 
Further company coverage:  H9YG.DE 

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