Brief: Masterflex FY Net Income Down At 2.5 Million Euros

Masterflex SE

31/03/2020 07:05

March 31 (Reuters) - Masterflex SE  MZXG.DE :
    * FY REVENUES UP BY 3.5 % TO EUR 80.0 MILLION
    * FY NET INCOME 2.5 MILLION EURO, DIVIDEND 0.07 EURO PER
SHARE
    * MEDIUM-TERM OUTLOOK REMAINS POSITIVE
    * CORONA EFFECTS ON BUSINESS DEVELOPMENT 2020 CURRENTLY NOT
PREDICTABLE, THEREFORE NO FORECAST POSSIBLE YET
    * OPERATING EBIT GENERATED IN 2019 AMOUNTED TO EUR 5.1
MILLION
AFTER EUR 6.3 MILLION IN 2018
    * MEDIUM-TERM GROWTH AND PROFIT TARGETS CONFIRMED
    * SEES FY 2020 DOUBLE-DIGIT DROP IN REVENUES AND A
CORRESPONDING
DECLINE IN EBIT IS ALSO TO BE EXPECTED.

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

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