Brief: Invision 9-month EBIT Up At EUR 0.87 Mln

InVision AG

05/11/2020 08:14

Nov 5 (Reuters) - INVISION AG  IVXG.DE :
    * 9-MONTH GENERATED REVENUES OF EUR 9.493 MILLION
    * 9-MONTH EBIT (EARNINGS BEFORE INTEREST AND TAXES) ROSE BY
10
PERCENT FROM EUR 0.787 MILLION (9M 2019) TO EUR 0.867 MILLION
    * 9-MONTH EBIT MARGIN WAS AT 9 PERCENT (9M 2019: 8 PERCENT)
    * DUE TO COVID 19 PANDEMIC, WHICH HAS BEEN ONGOING SINCE
SPRING
2020, COMPANY EXPECTS LOWER EXPENSES IN 2020 THAN ORIGINALLY
PLANNED
    * 9-MONTH CONSOLIDATED RESULT DECREASED BY 92 PERCENT TO EUR
0.045
MILLION (9M 2019: EUR 0.582 MILLION)
    * FOR ENTIRE CURRENT FISCAL YEAR, INVISION NOW EXPECTS TO
GENERATE
REVENUES OF APPROXIMATELY EUR 12.6 MILLION (2019: EUR 12.6
MILLION) AND AN EBIT AT PREVIOUS YEAR'S LEVEL (2019: EUR 0.981
MILLION)

Source text for Eikon:  ID:nNDL9MY3S8 
Further company coverage:  IVXG.DE 

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