Brief: Medios H1 EBT Adjusted For Extraordinary Expenses At EUR 4.9 Mln

Medios AG

05/08/2020 10:44

Aug 5 (Reuters) - MEDIOS AG  ILM1k.DE :
    * ADJUSTS FORECAST FOR 2020 FINANCIAL YEAR DOWNWARD
    * GROUP SALES FROM JANUARY TO JUNE INCREASED BY 28.2% TO EUR
292.9
MILLION COMPARED TO SAME PERIOD OF PREVIOUS YEAR (EUR 228.5
MILLION)
    * H1 EBT ADJUSTED FOR EXTRAORDINARY EXPENSES*, AMOUNTED TO
EUR 4.9
MILLION (PREVIOUS YEAR EUR 6.8 MILLION).
    * FORECAST FOR 2020 FINANCIAL YEAR IS ADJUSTED DOWNWARDS
    * H1 CONSOLIDATED EARNINGS BEFORE INTEREST, TAXES,
DEPRECIATION
AND AMORTIZATION (EBITDA), ADJUSTED FOR EXTRAORDINARY EXPENSES*,
AMOUNTED TO EUR 6.5 MILLION (PREVIOUS YEAR EUR 7.7 MILLION)
    * NOW EXPECTS ADJUSTED EBITDA* OF AROUND EUR 14 TO EUR 15
MILLION
(PREVIOUSLY AROUND EUR 19.5 TO EUR 22.5 MILLION) AND ADJUSTED
EBT* OF AROUND EUR 11.5 TO EUR 12.5 MILLION (PREVIOUSLY AROUND
EUR 17.5 TO EUR 20.5 MILLION)
    * FOR 2020 NOW EXPECTS GROUP SALES - INCLUDING ACQUISITION
OF
KÖLSCHE BLISTER GMBH IN MARCH 2020 - OF AROUND EUR 610 TO EUR
630 MILLION (PREVIOUSLY AROUND EUR 610 TO EUR 670 MILLION)
    * EXPECTS TO ACHIEVE GROUP SALES OF EUR 1 BILLION BY 2023
FINANCIAL YEAR AT LATEST

Source text for Eikon:  ID:nEQ9VLJxFa 
Further company coverage:  ILM1k.DE 

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