Brief: Masterflex H1 Operating EBIT Down At EUR 2.5 Mln

Masterflex SE

22/07/2020 07:06

July 22 (Reuters) - MASTERFLEX SE  MZXG.DE :
    * MASTERFLEX GROUP REMAINS SIGNIFICANTLY PROFITABLE IN THE
SECOND
QUARTER AND FIRST HALF YEAR OF 2020 DESPITE CORONA-RELATED
REVENUE DECLINE
    * H1 OPERATING EBIT OF EUR 2.5 MILLION ACHIEVED
    * EXPECTS Q4 2020 TO AT LEAST MATCH PREVIOUS YEAR'S LEVEL IN
TERMS
OF REVENUES
    * CONTINUES TO EXPECT A DECLINE IN REVENUES FOR 2020 AS A
WHOLE IN
ORDER OF 10% TO 15%
    * EXPECTATIONS FOR OPERATING EBIT IN 2020 ARE BETWEEN EUR
2.5
MILLION AND EUR 1.0 MILLION

Source text for Eikon:  ID:nEQ5QSCMqa 
Further company coverage:  MZXG.DE 

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