Brief: Mensch Und Maschine Software Q1 Oper EBIT Up By 36%

Mensch und Maschine Software SE

21/04/2020 08:05

April 21 (Reuters) - Mensch und Maschine Software SE
 MUMG.DE :
    * Q1 SALES INCREASED TO A NEW RECORD EUR 78.63 MILLION (PY:
63.17
/ +24.5%)
    * Q1 NET PROFIT AFTER MINORITY SHARES JUMPED BY 34% TO EUR
6.62
MILLION (PY: 4.95), OR 39 CENTS (PY: 29) PER SHARE
    * Q1 OPERATING PROFIT EBIT GREW STRONGLY TO A RECORD EUR
11.08
MILLION (PY: 8.16 / +36%)
    * CORONA CRISIS HAD ABOUT  EUR 1-2 MILLION NEGATIVE EFFECT
ON
SALES / GROSS MARGIN
    * CORONA CRISIS HAD ABOUT EUR 0.8-1.5 MILLION NEGATIVE
EFFECT  ON
EBIT
    * 2020: WE ARE STILL AIMING TO INCREASE NET PROFIT BY
+18-24% TO
117-123 CENTS PER SHARE AND 100-105 CENTS DIVIDEND AFTER 85
CENTS TO BE PAID OUT FOR 2019.
    * 100-105 CENTS DIVIDEND AFTER 85 CENTS TO BE PAID OUT FOR
2019
    * WE ARE EXPECTING MORE SIGNIFICANT RETARDING EFFECTS FROM
CORONA,
MAINLY IN Q2
    * WE SEE GOOD CHANCES THAT COMFORTABLE BUFFER FROM Q1 WILL
BE
SUFFICIENT TO MEET OUR GOALS FOR FULL YEAR 2020

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

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