Brief: Masterflex Q1 Operating EBIT At EUR 2.1 Mln

Masterflex SE

27/04/2020 12:04

April 27 (Reuters) - MASTERFLEX SE  MZXG.DE :
    * Q1 REVENUES OF EUR 20.5 MILLION (-2.9%), OPERATING EBIT OF
EUR
2.1 MILLION AT PREVIOUS YEAR'S LEVEL
    * OPERATING EBIT IN Q1 OF 2020 WAS AGAIN AT SAME LEVEL AS IN
SAME
QUARTER OF PREVIOUS YEAR AT EUR 2.1 MILLION.
    * EXPECTS CORONA PANDEMIC TO HAVE A MUCH STRONGER IMPACT IN
Q2
2020
    * WAS ABLE TO IMPROVE Q1 CONSOLIDATED NET PROFIT SLIGHTLY
FROM EUR
1.2 MILLION TO EUR 1.3 MILLION
    * CURRENTLY DEVELOPING VARIOUS SCENARIOS IN ORDER TO BE ABLE
TO
PROVIDE A FORECAST OF INDICATIVE FIGURES FOR FURTHER DEVELOPMENT
IN 2020
    * REMAINS CAUTIOUSLY OPTIMISTIC FOR 2020

Source text for Eikon:  ID:nEQb0pyqpa 
Further company coverage:  MZXG.DE 

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