Brief: Masterflex Adjusts FY Forecast

Masterflex SE

21/11/2019 11:52

Nov 21 (Reuters) - MASTERFLEX SE  MZXG.DE :
    * MASTERFLEX SE ADJUSTS FORECAST FOR FISCAL YEAR 2019
    * WITH REGARD TO ADJUSTED EBIT MARGIN, MASTERFLEX NOW
EXPECTS A
RANGE OF 5 TO 6% (PREVIOUS FORECAST: 8%) FOR CURRENT FISCAL
YEAR.
    * COMPANY NOW ANTICIPATES FY CONSOLIDATED REVENUE IN RANGE
OF EUR
79.0 TO 80.0 MILLION (2018: EUR 77.2 MILLION)
    * AIM REMAINS TO BE ABLE TO ACHIEVE FUTURE RETURN TARGETS UP
TO
2022 ANNOUNCED IN LATE SUMMER OF THIS YEAR, DESPITE CURRENT
ECONOMIC DOWNTURN.

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

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