Brief: IFA Systems FY EBIT Up At EUR 1.2 Million

ifa systems AG

06/03/2020 07:00

March 6 (Reuters) - IFA SYSTEMS AG  IS8G.DE :
    * REACHES THE RAISED TARGETS IN 2019
    * FY SALES OF EUR 9.7 MILLION AT UPPER END OF TARGET RANGE
ACCORDING TO PRELIMINARY FIGURES
    * FOR 2020 FINANCIAL YEAR, MANAGEMENT BOARD THEREFORE
EXPECTS ONLY
MODERATE GROWTH IN REVENUE FROM CURRENT BUSINESS AND A POSITIVE
OPERATING RESULT (EBIT)
    * FY OPERATING RESULT (EBITDA) TRIPLED TO EUR 3.9 MILLION
    * FY EBIT REACHED EUR 1.2 MILLION (PREVIOUS YEAR: EUR 0.1
MILLION)
AFTER DEPRECIATION IN AMOUNT OF EUR 2.7 MILLION

Source text for Eikon:  ID:nEQ95C6pka 
Further company coverage:  IS8G.DE 

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