Brief: MediClin Q1 EBIT At EUR -3.9 Mln

MEDICLIN AG

23/04/2020 08:59

April 23 (Reuters) - MEDICLIN AG  MEDG.DE :
    * MEDICLIN PUBLISHES PRELIMINARY FIGURES FOR THE FIRST
QUARTER OF
2020 AND, DUE TO THE CORONA PAN-DEMIC, LOWERS ITS FORECAST FOR
2020
    * PRELIMINARY GROUP SALES OF EUR 167.4 MILLION FOR Q1 OF
2020 ARE
AT SAME LEVEL AS IN Q1 OF 2019
    * Q1 EBIT AMOUNTS TO EUR -3.9 MILLION AFTER EUR 1.6 MILLION
IN
2019.
    * DUE TO CURRENT SITUATION, MANAGEMENT BOARD NO LONGER
ASSUMES
THAT PUBLISHED GUIDANCE FOR FINANCIAL YEAR 2020 WILL STILL BE
ACHIEVED.
    * EXPECTS A RETURN TO NORMALITY AND A CERTAIN CATCH-UP
EFFECT OR
INCREASED DEMAND FOR MEDICAL AND THERAPEUTIC SERVICES IN COURSE
OF SECOND HALF OF 2020
    * NO LONGER ASSUMES THAT PUBLISHED GUIDANCE FOR FINANCIAL
YEAR
2020 WILL STILL BE ACHIEVED.

Source text for Eikon:  ID:nEQ7mNjD2a 
Further company coverage:  MEDG.DE 

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