Brief: Maschinenfabrik Berthold Hermle Sees Greater Losses In 2020 Due To COVID-19 Pandemic

Maschinenfabrik Berthold Hermle AG

28/04/2020 13:03

April 28 (Reuters) - Maschinenfabrik Berthold Hermle AG  MBHG_p.F :
    * SEVERELY AFFECTED BY CORONA PANDEMIC 2020
    * EXPECTS GREATER LOSSES IN 2020 DUE TO INTENSIFIED EFFECTS OF THE COVID-19 PANDEMIC
    * CURRENTLY SEES 2020 CONSOLIDATED SALES TO DECREASE BY AROUND 50% AND THE RESULT TO DROP
DISPROPORTIONATELY
    * FY INCOMING ORDERS DOWN BY 12.9% TO EUR 414.4 MILLION
    * FY GROUP SALES UP BY 2.2% TO A NEW HIGH OF EUR 463.1 MILLION
    * TO PROPOSE UNCHANGED BASIC DIVIDEND OF EUR 0.80 PER ORDINARY SHARE
    * TO PROPOSE DIVIDEND AND EUR 0.85 PER PREFERENCE SHARE,AND BONUS OF EUR 4.20

Source text for Eikon:  ID:nEQ93zD69a 
Further company coverage:  MBHG_p.F 

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