Brief: InTiCa Systems Sees Q1 EBIT Up At Around EUR 0.55 Mln

InTiCa Systems SE

23/04/2020 06:43

April 23 (Reuters) - INTICA SYSTEMS AG  IS7G.DE :
    * FY EBIT MARGIN OF AT LEAST 3.0%
    * CONFIRMED PROVISIONAL FIGURES FOR FISCAL 2019 WHICH ARE IN
LINE
WITH REVISED GUIDANCE OF GROUP SALES OF BETWEEN EUR 65 MILLION
AND EUR 68 MILLION AND AN EBIT MARGIN OF AT LEAST 3.0%
    * IN FIRST THREE MONTHS OF 2020, GROUP SALES ROSE BY 38%
YEAR-ON-YEAR TO EUR 18.3 MILLION (Q1 2019: EUR 13.6 MILLION)
    * FY GROSS PROFIT WAS EUR 25.8 MILLION IN REPORTING PERIOD
(2018:
EUR 21.8 MILLION)
    * GROUP SALES INCREASED 37.2% YEAR-ON-YEAR TO EUR 65.7
MILLION IN
2019 (2018: EUR 47.9 MILLION)
    * Q1 EBIT IS EXPECTED TO COME IN AT AROUND EUR 0.55 MILLION
(Q1
2019: EUR 0.3 MILLION)
    * FY FINANCIAL RESULT WAS MINUS EUR 0.7 MILLION IN REPORTING
PERIOD (2018: MINUS EUR 0.4 MILLION)
    * Q1 ORDERS ON HAND WERE WELL ABOVE PRIOR-YEAR LEVEL AT EUR
112.5
MILLION (MARCH 31, 2019: EUR 88.0 MILLION)
    * FY NET PROFIT WAS EUR 1.1 MILLION (2018: NET LOSS OF EUR
1.3
MILLION)
    * IT IS NOT POSSIBLE TO GIVE A STABLE AND REASONABLY
RELIABLE
FORECAST FOR PRESENT FISCAL YEAR BASED ON TARGET RANGES IN LINE
WITH PAST PRACTICE
    * TO INTRODUCE SHORT-TIME WORKING FOR STAFF IN PASSAU UNTIL
END OF
JUNE
    * IT IS NOT POSSIBLE TO ESTIMATE EXTENT OF ORDER UPTAKE BY
CUSTOMERS IN COURSE OF YEAR
    * HAS TO ASSUME THAT IF PRESENT EXTRAORDINARY SITUATION
CONTINUES,
SALES AND EARNINGS WILL DECLINE SIGNIFICANTLY, AND POSSIBLY BE
BELOW LAST YEAR'S LEVEL

Source text for Eikon:  ID:nEQ2FsR2xa 
Further company coverage:  IS7G.DE 

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