Brief: Manz FY EBITDA At EUR 19.4 Million
30/03/2021 06:35
March 30 (Reuters) - MANZ AG M5ZG.DE :
* CONFIRMS POSITIVE EARNINGS DEVELOPMENT IN 2020 AND
PROVIDES
OUTLOOK FOR 2021
* FY EBITDA 19.4 MILLION EUR
* FY REVENUE 236.8 MILLION EUR VERSUS 264.4 MILLION EUR YEAR
AGO
* PRELIMINARY FIGURES FOR 2020 CONFIRMED: SIGNIFICANT
EARNINGS
IMPROVEMENT DESPITE SLIGHT DECLINE IN REVENUES
* POSITIVE OUTLOOK FOR 2021 THANKS TO PROMISING GROWTH
POTENTIAL
IN ELECTROMOBILITY MARKET AND AN ORDER BACKLOG OF OVER EUR 200
MILLION
* FORECAST 2021: FURTHER PROFITABLE GROWTH WITH A SLIGHT TO
MODERATE YEAR-ON-YEAR INCREASE IN REVENUES IN AN ENVIRONMENT
CHARACTERIZED BY COVID-19
* COMPARED TO 2020, 2021 SLIGHT TO MODERATE INCREASE IN
REVENUES,
AN EBITDA MARGIN IN UPPER, POSITIVE SINGLE-DIGIT PERCENTAGE
RANGE AND AN EBIT MARGIN IN LOW TO MID, POSITIVE SINGLE-DIGIT
PERCENTAGE RANGE ARE THEREFORE FORECAST
Source text for Eikon: ID:nEQ5Fw5yka
Further company coverage: M5ZG.DE
(Gdansk Newsroom)
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