Brief: Manz 9-Mth EBIT Loss Widens To EUR 7.7 Mln

Manz AG

11/11/2019 15:39

Nov 11 (Reuters) - Manz AG  M5ZG.DE :
    * REVENUE IN FIRST NINE MONTHS WITH 198 MILLION EUROS BELOW PREVIOUS YEAR'S LEVEL (9M 2018:
212
MILLION EUROS)
    * 9-MONTH EBIT WEAKENED BY LOWER REVENUE AT SAME COST BASIS
    * OUTLOOK 2019: EXPECTS POSITIVE EBITDA MARGIN IN LOWER SINGLE-DIGIT PERCENTAGE RANGE
    * OUTLOOK 2019: NEGATIVE EBIT IN UPPER SINGLE-DIGIT MILLION RANGE
    * OUTLOOK 2019: REVENUES EXPECTED TO REMAIN SLIGHTLY BELOW PREVIOUS YEAR'S LEVEL
    * 9-MONTH EBIT AMOUNTED TO -7.7 MILLION EUROS (PREVIOUS YEAR: -2.4 MILLION EUROS)

Source text for Eikon:  ID:nEQ90ZxJna 
Further company coverage:  M5ZG.DE 

 (Reporting by Berlin Speed Desk)
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