Brief: KAP FY Net Loss At EUR 2.7 Million

Kap AG

23/04/2021 14:16

April 23 (Reuters) - KAP AG  IURG.DE :
    * REVENUE FOR 2020 FINANCIAL YEAR BETTER THAN EXPECTED AT
EUR
338.7 MILLION, WITH A SIGNIFICANTLY IMPROVED NORMALISED EBITDA
MARGIN OF 9.6% (PREVIOUS YEAR: 8.6%)
    * NEW PROGRAMME OF MEASURES ACCELERATE WITH GOAL OF
SIGNIFICANTLY
INCREASED OPERATING PROFIT BY END OF 2023
    * CONFIRMED FORECAST FOR 2021: REVENUE BETWEEN EUR 300 AND
330
MILLION AND NORMALISED EBITDA BETWEEN EUR 27 AND 33 MILLION
(EXCLUDING IT/SERVICES SEGMENT)
    * FY NORMALIZED EBITDA EUR 32.5 MILLION (PREVIOUS YEAR: EUR
31.9
MILLION)
    * FY NET LOSS OF EUR 2.7 MILLION
    * RESOLVED TO PROPOSE A DIVIDEND OF EUR 0.75 PER SHARE

Source text for Eikon:  ID:nEQcf28kva 
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