Brief: Medios FY Adjusted EBITDA Up At EUR 17.7 Mln

Medios AG

08/04/2020 06:53

April 8 (Reuters) - MEDIOS AG  ILM1k.DE :
    * MEDIOS AG WITH RECORD YEAR 2019 - OPTIMISTIC OUTLOOK FOR
2020
DESPITE CORONA PANDEMIC
    * EXPECTS SUSTAINED GROWTH FOR 2020 WITH GROUP SALES OF
AROUND EUR
610 TO 670 MILLION AND ADJUSTED EBT* OF AROUND EUR 17.5 TO 20.5
MILLION
    * FY INCREASE IN GROUP SALES TO EUR 517 MILLION (+ 58%)
    * CONSOLIDATED EBITDA), ADJUSTED FOR EXTRAORDINARY EXPENSES,
ROSE
BY 51.4% TO EUR 17.7 MILLION (PREVIOUS YEAR EUR 11.7 MILLION) IN
2019
    * BUSINESS DEVELOPMENT HAS SO FAR NOT BEEN SIGNIFICANTLY
AFFECTED
BY CORONA PANDEMIC
    * NEVERTHELESS, IT IS CURRENTLY IMPOSSIBLE TO ESTIMATE
WHETHER
SPREAD OF CORONA VIRUS WILL HAVE A LARGER IMPACT ON BUSINESS
DEVELOPMENT IN FUTURE
    * CONSOLIDATED EBT, ADJUSTED FOR EXTRAORDINARY EXPENSES,
CLIMBED
47.7% TO EUR 16.2 MILLION (PREVIOUS YEAR EUR 11.0 MILLION) IN
2019
    * SEES 2020 ADJUSTED EBITDA BETWEEN AROUND EUR 19.5 MILLION
AND
EUR 22.5 MILLION

Source text for Eikon:  ID:nEQc4NGzJa 
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