Brief: KAP H1 Adjusted EBITDA Down At EUR 17.6 Mln

Kap AG

21/09/2020 15:18

Sept 21 (Reuters) - KAP AG  IURG.DE :
    * KAP WITH SOLID BUSINESS DEVELOPMENT IN THE FIRST HALF OF
THE
YEAR DESPITE COVID-19 BURDENS - MANAGEMENT BOARD SUBSTANTIATES 
OUTLOOK 2020
    * H1 REVENUE DECREASES BY ALMOST 15% TO EUR 170.3 MILLION
    * H1 ADJUSTED EBITDA^ 1  1  OF EUR 17.6 MILLION UNDER
PREVIOUS
YEAR'S LEVEL
    * OUTLOOK 2020: EXPECTS REVENUE OF BETWEEN EUR 300 AND 330
MILLION
AND ADJUSTED EBITDA OF EUR 27 TO 30 MILLION FOR FULL YEAR
    * H1 ADJUSTED EBITDA MARGIN THUS INCREASED BY 1.6 PERCENTAGE
POINTS TO 10.8% (PREVIOUS YEAR: 9.2%
    * H1 EBITDA ROSE BY 8.3% TO EUR 18.3 MILLION (PREVIOUS YEAR:
EUR
16.9 MILLION)

Source text for Eikon:  ID:nEQb0xWxca 
Further company coverage:  IURG.DE 

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