Brief: Hawesko Holding Sees 9-month EBIT Below Previous Year

Hawesko Holding SE

22/10/2019 16:33

Oct 22 (Reuters) - Hawesko Holding AG  HAWG.DE :
    * DGAP-ADHOC: HAWESKO HOLDING AG: HAWESKO GROUP EXPECTS A
9-MONTH
EBIT BELOW THAT OF THE PREVIOUS YEAR - FULL-YEAR FORECAST FOR
2019 REMAINS UNCHANGED
    * EXPECTS EBIT FOR NINE-MONTH PERIOD TO 30 SEPTEMBER 2019
BELOW
PREVIOUS YEAR'S RESULT OF EUR 11.4 MILLION
    * EBIT SHOULD BE BETWEEN EUR 7-8 MILLION AND ON A COMPARABLE
BASIS
EXCLUDING WEIN & CO. BETWEEN EUR 9-10 MILLION.
    * CONSOLIDATED SALES DURING NINE-MONTH PERIOD ROSE BY
APPROXIMATELY 8% COMPARED TO SAME PERIOD IN PREVIOUS YEAR (EUR
346.1 MILLION)
    * BOARD CAN MAINTAIN ITS FY FORECAST WITH REGARD TO EBIT
(MARGIN
OF 5.0%-5.7%), CONSOLIDATED NET INCOME AND FREE CASH FLOW

Source text for Eikon:  ID:nEQ6JDv03a 
Further company coverage:  HAWG.DE 

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