Brief: IFA Systems FY EBIT At EUR 0.3 Million

ifa systems AG

05/03/2021 06:56

March 5 (Reuters) - IFA SYSTEMS AG  IS8G.DE :
    * FY SALES OF EUR 7.3 MILLION SLIGHTLY ABOVE PLANNED RANGE,
EBIT
OF EUR 0.3 MILLION
    * FY OPERATING RESULT DEVELOPED AS PLANNED AND REACHED EUR
0.3
MILLION (PREVIOUS YEAR: EUR 1.2 MILLION)
    * PROPOSES TO SUPERVISORY BOARD NOT TO DISTRIBUTE A DIVIDEND
FOR
2020
    * EXPECTS SALES OF EUR 8.6 TO 9.3 MILLION FOR FINANCIAL YEAR
2021
    * POSITIVE OPERATING CASH FLOW IS TO BE GENERATED AGAIN IN
FINANCIAL YEAR 2021
    * OUTLOOK 2021: EBIT EXPECTED TO BE POSITIVE AGAIN AND TO
REACH A
LEVEL OF BETWEEN EUR 0.2 AND 0.5 MILLION

Source text for Eikon:  ID:nEQ2fZmhza 
Further company coverage:  IS8G.DE 

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