Brief: Mensch und Maschine Software 9-month Net Profit Up 38% To EUR 10.91 Million

Mensch und Maschine Software SE

21/10/2019 08:08

Oct 21 (Reuters) - Mensch und Maschine Software SE
 MUMG.DE :
    * 9M GROUP SALES INCREASED TO EUR 174.27 MILLION (PY: 133.55
/
+30% OR +23% ORGANIC)
    * OPERATING PROFIT EBIT GREW TO EUR 18.19 MILLION, HIGHEST
9M
RESULT EVER
    * 9-MONTH NET PROFIT AFTER MINORITY SHARES INCREASED BY +38%
(OR
+29% ORGANIC) TO EUR 10.91 MILLION (PY: 7.93)
    * INSTEAD OF +15-20% WE NOW EXPECT +20-30% GROWTH TO EUR
222-240
MILLION FOR SALES IN 2019
    * FOR 2020, WE STAY WITH OUR GUIDANCE
    * CONFIRMS 2019 EBIT, EPS AND DIVIDEND TARGETS

Source text for Eikon:  ID:nEQ7KM6SHa 
Further company coverage:  MUMG.DE 

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