Brief: KSB Retracts FY 2020 Outlook

KSB SE & Co KgaA

09/04/2020 10:13

April 9 (Reuters) - KSB SE & CO KGAA  KSBG.DE :
    * ADJUSTMENT OF SALES AND EARNINGS FORECAST 2020
    * IS EXPECTING Q1 DECLINE IN SALES REVENUE OF 3.2 % TO EUR
518
MILLION AND A DECREASE IN ORDER INTAKE OF 12.0 % TO EUR 588
MILLION
    * HAS DECIDED TO RETRACT OUTLOOK FOR 2020 FINANCIAL YEAR
PUBLISHED
IN 2019 ANNUAL REPORT
    * AT PRESENT TIME IT IS NOT POSSIBLE TO SAY WHEN A NEW
OUTLOOK CAN
BE ISSUED.

Source text for Eikon:  ID:nEQyLDzJa 
Further company coverage:  KSBG.DE 

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