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H9W - HWA AG News Story

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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 H1 EBIT Loss Of EUR 0.3 Mln

Thu 24th October, 2019 12:04pm
Oct 24 (Reuters) - HWA AG  H9WG.DE :
    * SPECIAL DEVALUATION BURDENS EARNINGS IN 2019
    * H1 SALES ROSE TO EUR 67.9 MILLION AFTER 55.1 MILLION IN
SAME
PERIOD OF PREVIOUS YEAR
    * EBIT IN FIRST HALF OF 2019 WAS NEGATIVE AT EUR 0.3 MILLION
FOLLOWING POSITIVE EBIT OF EUR 2.2 MILLION IN PREVIOUS YEAR.
    * EBIT FOR FIRST HALF OF 2019 WAS IMPACTED BY A SPECIAL
WRITE-DOWN
OF EUR 3.9 MILLION
    * OUTLOOK 2019: COMPANY WILL AT LEAST REACH HIGH SALES LEVEL
AGAIN
    * OUTLOOK 2019: GROUP EBIT WILL BE SIGNIFICANTLY LOWER THAN
IN
PREVIOUS YEAR, BUT POSITIVE
    * OUTLOOK 2019: EBIT ADJUSTED FOR SPECIAL WRITE-DOWN AT
VYNAMIC
WILL IMPROVE SLIGHTLY COMPARED WITH PREVIOUS YEAR

Source text for Eikon:  ID:nEQ8bB8rca 
Further company coverage:  H9WG.DE 

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