Brief: Manz AG FY EBITDA Down At EUR 9.2 Mln

Manz AG

26/03/2020 06:39

March 26 (Reuters) - Manz AG  M5ZG.DE :
    * DGAP-NEWS: MANZ AG CONFIRMS DEVELOPMENT IN 2019 AND
PROVIDES
OUTLOOK FOR 2020
    * FY REVENUE 264.4 MILLION EUR VERSUS 296.9 MILLION EUR YEAR
AGO
    * OUTLOOK 2020: PROFITABLE GROWTH, CONSIDERING CURRENTLY
ASSESSABLE EFFECTS OF CORONA PANDEMIC; RELIABLE FORECAST
CURRENTLY NOT POSSIBLE
    * FY REVENUE EUR 264.4 MILLION VERSUS PREVIOUS YEAR EUR
296.9
MILLION
    * FY EBITDA TOTALLING 9.2 MILLION EUROS (PREVIOUS YEAR: 9.5
MILLION EUROS)
    * FY EBIT TOTALLING -7.6 MILLION EUROS
    * OUTLOOK 2020: WILL BE ABLE TO GENERATE PROFITABLE GROWTH
IN 2020
    * OUTLOOK 2020: EXPECTS A SLIGHT TO MODERATE INCREASE IN
REVENUES
COMPARED TO 2019
    * OUTLOOK 2020: SEES POSITIVE EBIT MARGIN IN LOW
SINGLE-DIGIT
PERCENTAGE RANGE.
    * OUTLOOK 2020: FORECAST CONSIDERS CURRENTLY ASSESSABLE
EFFECTS OF
CORONA PANDEMIC ON ECONOMIC DEVELOPMENT OF COMPANY

Source text for Eikon:  ID:nEQ3XfQW4a 
Further company coverage:  M5ZG.DE 

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