Brief: Intica Systems Expects Negative Earnings For H1 2020
16/07/2020 16:32
July 16 (Reuters) - INTICA SYSTEMS AG IS7G.DE :
* GROUP SALES OF EUR 29.5 MILLION (6M 2019: EUR 29.6
MILLION) AND
NEGATIVE EARNINGS EXPECTED FOR H1 2020
* RELIABLE OUTLOOK FOR FISCAL 2020 STILL NOT POSSIBLE
* CONSOLIDATED EARNINGS ARE LIKELY TO BE WORSE THAN IN FIRST
HALF
OF 2019 BECAUSE FIXED COSTS BASED ON FUTURE-ORIENTED INVESTMENTS
INCREASED YEAR-ON-YEAR IN ANTICIPATION OF RISING SALES
Source text for Eikon: ID:nEQ4pyFR2a
Further company coverage: IS7G.DE
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