Brief: IBU-Tec Advanced Materials Expects Loss In Sales Revenues In Next FY

IBU-tec advanced materials AG

30/12/2019 11:06

Dec 30 (Reuters) - IBU TEC ADVANCED MATERIALS AG  IBU.DE :
    * LOSS OF SALES REVENUES OF PROBABLY EUR 5 TO 6 MILLION
DURING
COMING FISCAL YEAR
    * FIRE AT SUBSIDIARY BNT CHEMICALS GMBH
    * NO SIGNIFICANT EFFECTS ON RESULT ANTICIPATED ACCORDING TO
CURRENT STATUS
    * FIRE WAS EXTINGUISHED AFTER A SHORT PERIOD OF TIME
    * FIRE OCCURRED ON 29 DECEMBER 2019 IN A PRODUCTION
BUILDING,
WHICH WAS LIMITED TO ONE PRODUCTION AREA
    * FIRE DOES NOT HAVE ANY IMPACT ON 2019 SALES REVENUES AND
RESULT
    * PROBABLE PROPERTY DAMAGE IN LOWER SINGLE-MILLION EURO
RANGE IS
COVERED BY AN INSURANCE

Source text for Eikon:  ID:nEQ2Pn958a 
Further company coverage:  IBU.DE 

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