Brief: MBB SE Adjusts Annual Forecast Excluding Effects From Its Latest Acquisition

MBB SE

12/07/2019 21:32

July 12 (Reuters) - MBB SE  MBBG.DE :
    * DGAP-ADHOC: MBB SE ADJUSTS ANNUAL FORECAST EXCLUDING
EFFECTS
FROM ITS LATEST ACQUISITION
    * MBB SE SAYS EXCLUDING ACQUISITION OF FRIEDRICH VORWERK KG
2019
REVENUES ARE NOW ESTIMATED AT MORE THAN EUR500 MLN
    * MBB SE - EXCLUDING LATEST ACQUISITION, SEES 2019 EBITDA OF
EUR50
MLN AND MAY BE REDUCED TO EUR44 MLN DEPENDING ON FURTHER MARKET
SITUATION AT AUMANN 
    * MBB SE SAYS  MBB EXPECTS A POSITIVE CORRECTION OF CURRENT
FORECAST AS SOON AS ACQUISITION IS CLOSED AND INITIAL
CONSOLIDATION EFFECTS CAN BE ESTIMATED

Source text for Eikon:  ID:nEQ48s3H2a 
Further company coverage:  MBBG.DE 

 ((Reuters.Briefs@thomsonreuters.com;))