Brief: Jost Werke AG Says Adjusts Forecast For Fiscal Year 2019

Jost Werke SE

07/11/2019 19:58

Nov 7 (Reuters) - JOST Werke AG  JSTG.DE :
    * DGAP-ADHOC: JOST WERKE AG: JOST PUBLISHES PRELIMINARY
INTERIM
RESULTS AND ADJUSTS FORECAST FOR FISCAL YEAR 2019
    * SALES IN 9 MONTHS 2019 GREW BY 1.9 % TO EUR 579.1 MILLION
    * ADJUSTED EBIT IN 9 MONTHS  2019 INCREASED BY 0.4% TO EUR
65.5
MILLION
    * FORECAST FOR FISCAL YEAR 2019 ADJUSTED
    * OPERATING CASH FLOW IN 9M 2019 DOUBLED TO EUR 56.4 MILLION
    * FOR 2019 EXPECTS A SLIGHT DECLINE IN SALES IN LOW
SINGLE-DIGIT
PERCENTAGE RANGE COMPARED TO 2018
    * EBIT MARGIN IN 2019 SHOULD REMAIN ALMOST STABLE COMPARED
TO
PREVIOUS YEAR

Source text for Eikon:  ID:nEQ3qr0xXa 
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