Brief: Medios FY EBT Down At EUR 11.8 Million

Medios AG

01/03/2021 10:33

March 1 (Reuters) - MEDIOS AG  ILM1k.DE :
    * ACHIEVES 2020 ANNUAL TARGETS - SALES EXPECTED TO ALMOST
DOUBLE
IN 2021
    * SALES FORECAST FOR 2021 INCREASED BY AROUND 20% TO MAX.
EUR 1.2
BILLION
    * EARNINGS FORECAST ALSO RAISED SIGNIFICANTLY
    * INCLUDING ACQUISITION OF CRANACH PHARMA GMBH, MEDIOS
EXPECTS
GROUP SALES OF EUR 1.15 TO 1.20 BILLION, AN ADJUSTED EBITDA* OF
EUR 38 TO 39 MILLION AND AN ADJUSTED EBT* OF EUR 31 TO 32
MILLION
    * ASSUMES THAT CORONA-RELATED SPECIAL EFFECTS THAT BURDEN
EARNINGS
WILL CONTINUE TO WEAKEN IN COURSE OF 2021
    * SALES IN PERIOD FROM JANUARY TO DECEMBER 2020 INCREASED BY
21.1%
TO EUR 626.0 MILLION (PREVIOUS YEAR EUR 516.8 MILLION).
    * FY EBITDA, ADJUSTED FOR EXTRAORDINARY EXPENSES, AMOUNTED
TO EUR
14.8 MILLION (PREVIOUS YEAR EUR 17.7 MILLION)
    * FY EBT, ADJUSTED FOR EXTRAORDINARY EXPENSES, AMOUNTED TO
EUR
11.8 MILLION (PREVIOUS YEAR EUR 16.2 MILLION)

Source text for Eikon:  ID:nEQcg7mC1a 
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