Brief: Mobotix holds discussions on new organizational structure

Mobotix AG

15/08/2017 09:01

Aug 15 (Reuters) - MOBOTIX AG  MBQGn.DE : 
    * HOLDS DISCUSSIONS ON NEW ORGANIZATIONAL STRUCTURE WITHIN 
FRAMEWORK OF OPERATIONAL AND ORGANIZATIONAL RESTRUCTURING OF 
GROUP 
    * FY OUTLOOK REVALUATED, NOW SEES TURNOVER OF ONLY EUR 62 
MILLION TO EUR 63 MILLION 
    * COSTS OF RESTRUCTURING CAN NOT YET BE ESTIMATED, THEY WILL 
RELATE TO ANNUAL FINANCIAL STATEMENTS AS OF SEPT 30 
    * EXPECTS ANNUAL LOSS OF APPROX. EUR 3.5 MILLION TO EUR 4.5 
MILLION 
    * COSTS OF RESTRUCTURING HAVE NOT YET BEEN INCLUDED IN THIS 
FORECAST AND CAN THUS AGAIN INCREASE ANNUAL LOSS 
 
Source text for Eikon:  ID:nEQ60syZDa  
Further company coverage:  MBQGn.DE  
 
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