Brief: IBU-Tec Advanced Materials Sees Profits At Upper Range Of 2019 Forecast

IBU-tec advanced materials AG

01/07/2019 09:03

July 1 (Reuters) - IBU TEC ADVANCED MATERIALS AG  IBU.DE :
    * ANTICIPATES PROFITS AT THE UPPER RANGE OF THE 2019
FORECAST
    * 2019 EBITDA PREDICTED TO BE AT UPPER END OF 7.2 TO 7.5
MILLION
EUR RANGE
    * 2019 EARNINGS AT BNT CHEMICALS PROJECTED TO BE
SIGNIFICANTLY
BETTER THAN PREVIOUSLY FORECAST
    * MID-TERM STRATEGY TO SIGNIFICANTLY IMPROVE PROFITABILITY
AND
MARGINS AT BNT
    * HAS LAUNCHED A COMPREHENSIVE, MEDIUM-TERM STRATEGIC
ALIGNMENT
PROGRAM FOR ITS SUBSIDIARY BNT CHEMICALS ("BNT")
    * ACTION IS EXPECTED TO RESULT IN SIGNIFICANTLY INCREASED
PROFITABILITY FOR BNT CHEMICALS BY 2022

Source text for Eikon:  ID:nEQ1WHqQ4a 
Further company coverage:  IBU.DE 

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