Brief: Intica Systems 9-month EBIT Up At EUR 1.9 Mln

InTiCa Systems SE

21/11/2019 07:19

Nov 21 (Reuters) - INTICA SYSTEMS AG  IS7G.DE :
    * SALES INCREASED BY NEARLY 39% YEAR-ON-YEAR IN FIRST NINE
MONTHS
OF 2019
    * 9M EBITDA (EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION
AND
AMORTIZATION) ROSE FASTER THAN SALES, INCREASING BY 79.5% TO EUR
5.8 MILLION (9M 2018: EUR 3.2 MILLION)
    * 9-MONTH FINANCIAL RESULT WAS MINUS EUR 0.5 MILLION IN
FIRST NINE
MONTHS OF 2019 (9M 2018: MINUS EUR 0.3 MILLION)
    * 9-MONTH EBIT (EARNINGS BEFORE INTEREST AND TAXES) WAS EUR
1.9
MILLION (9M 2018: EUR 13 THOUSAND)
    * 9-MONTH NET INCOME WAS THEREFORE EUR 1.0 MILLION IN
REPORTING
PERIOD (9M 2018: MINUS EUR 0.5 MILLION)
    * RAISED ITS FORECAST FOR 2019 AS A WHOLE
    * NOW EXPECTS GROUP SALES TO COME IN AT BETWEEN EUR 65
MILLION AND
EUR 68 MILLION, WITH AN EBIT MARGIN OF AT LEAST 3.0%

Source text for Eikon:  ID:nEQbjc50va 
Further company coverage:  IS7G.DE 

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