Brief: Dr Hoenle Q1 Consolidated Profit At EUR 2.6 Mln

Hoenle AG

21/02/2020 07:06

Feb 21 (Reuters) - DR HOENLE AG  HNLG.DE :
    * Q1 OPERATING RESULT (EBIT) AMOUNTED TO EUR 3.7 MILLION
AFTER EUR
6.6 MILLION IN PREVIOUS YEAR
    * CONTINUES TO ASSUME THAT REVENUES WILL BE OF EUR 105 TO
115
MILLION IN 2019/2020 FINANCIAL YEAR
    * Q1 CONSOLIDATED PROFIT AMOUNTED TO EUR 2.6 MILLION WHICH
REPRESENTS A DECLINE OF 44.0 %.
    * Q1 NET PROFIT ON SALES DECREASED FROM 15.4 % TO 10.2 % IN
Q1
    * Q1 EARNINGS BEFORE TAX (EBT) DROPPED 44.3 % TO EUR 3.6
MILLION
    * CONTINUES TO ASSUME OPERATING PROFIT OF EUR 17 TO 20
MILLION
WILL BE GENERATED BY HOENLE GROUP IN 2019/2020 FINANCIAL YEAR

Source text - https://bit.ly/32c3rcw
Further company coverage:  HNLG.DE 

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