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H9W - HWA AG News Story

€9.95 0.0  0.0%

Last Trade - 12/08/20

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £53.9m
Enterprise Value £81.9m
Revenue £102.7m
Position in Universe 773rd / 1038

BRIEF-HWA FY Loss After Taxes Of EUR 8.9 Mln

Wed 29th April, 2020 9:10am
April 29 (Reuters) - HWA AG  H9WG.DE :
    * FY SALES OF EUR 113.6 MILLION AFTER EUR 101.2 MILLION IN
THE
PREVIOUS YEAR
    * FY EBIT LOSS OF 8.4 MILLION EUROS AFTER EBIT PROFIT OF 6.5
MILLION EUROS IN 2018
    * FY LOSS AFTER TAXES OF EUR 8.9 MILLION
    * REASON FOR NEGATIVE RESULT IS DEPRECIATION ON THE
PARTICIPATION
IN JOINT VENTURE VYNAMIC GMBH, WHICH BURDENED GROUP RESULT WITH
ALMOST 4 MILLION EUROS
    * BELIEVES THAT THE EBIT TARGET FOR 2020 OF AROUND 5 MILLION
EUROS
IS STILL ACHIEVABLE

Source text for Eikon:  ID:nEQ3XGy3Sa 
Further company coverage:  H9WG.DE 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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