Brief: Skako Updates 2020 Outlook

Investeringsselskabet Af 3. November 2025 A/S

19/05/2020 13:15

May 19 (Reuters) - Skako A/S  SKAKO.CO :
    * UPDATES 2020 OUTLOOK
    * SKAKO A/S SEES FY 2020 EBIT IN RANGE OF DKK 10-15 MILLION
    * PRELIM  Q1 EBIT DKK 5.6 MILLION VERSUS DKK 3.4 MILLION
YEAR AGO
    * Q1 PRELIM SALES DKK 97.8 MILLION, 10% GROWTH YOY
    * AFTERSALES REVENUE SEEN TO DECREASE IN Q2  WITH EXPECTED
NORMALIZATION IN H2
    * REVENUE FROM PLANT ORDERS SEEN TO BE LOWER ON QUARTERLY
BASIS
WHEN COMPARED TO Q1 2020
    * SKAKO A/S SEES IN Q2 2020 FALL IN ORDER INTAKE TO BE
EXECUTED IN
H2 2020
    * CHANGES OUTLOOK DUE TO COVID-19 UNCERTAINTY

Source text for Eikon:  ID:nGNE6DY7VB 
Further company coverage:  SKAKO.CO 

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