Brief: Masterflex 9-month EBITDA Up At EUR 8.3 Mln

Masterflex SE

08/11/2019 08:08

Nov 8 (Reuters) - MASTERFLEX SE  MZXG.DE :
    * OUTLOOK DAMPENED BY ECONOMIC DOWNTURN IN INDIVIDUAL TARGET
SECTORS
    * 9M REVENUE GROWTH OF 5.7% TO EUR 62.5 MILLION
    * NET INCOME FOR FIRST NINE MONTHS WAS EXACTLY AT SAME LEVEL
AS IN
SAME PERIOD OF PREVIOUS YEAR.
    * 9-MONTH 8.1% INCREASE IN EBITDA FROM EUR 7.7 MILLION TO
EUR 8.3
MILLION.
    * MAY BECOME NECESSARY TO IMPLEMENT ADDITIONAL MEASURES
WITHIN
B2DD PROGRAMME, ESPECIALLY IN 2020, WHICH WERE NOT PLANNED IN
SCOPE TO DATE
    * TOTAL AMOUNT OF ONE-OFF CHARGES IS ESTIMATED AT A MAXIMUM
OF EUR
1.0 MILLION, DISTRIBUTED BETWEEN 2019 AND 2020
    * EBIT OF EUR 1.6 MILLION AND EARNINGS AFTER TAXES OF EUR
1.0
MILLION IN Q3 WERE BOTH ON A PAR WITH SAME PERIOD OF PREVIOUS
YEAR.

Source text for Eikon:  ID:nEQ8XTNG6a 
Further company coverage:  MZXG.DE 

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