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M4N Muehlhan AG News Story

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Brief: Muehlhan Says 2019 Revenues And Results Will Not Be Achieved In 2021

July 30 (Reuters) - MUEHLHAN AG  M4NG.DE :
    * CONTRACT CONCLUDED FOR THE SALE OF GERÜSTBAU MUEHLHAN GMBH
AND
ADJUSTMENT OF MUEHLHAN AG'S FORECAST FOR THE 2021 FINANCIAL YEAR
    * REVENUES (EUR 295.3 MILLION) AND RESULTS (EBIT OF EUR 12.4
MILLION) OF 2019 WILL NOT BE ACHIEVED IN 2021
    * DECONSOLIDATION RESULT FROM SALE OF GERÜSTBAU MUEHLHAN
GMBH OF
APPROXIMATELY EUR 15 MILLION TO EUR 20 MILLION WILL BE ADDED TO
OPERATING RESULT IN 2021
    * DECONSOLIDATION RESULT IS EXPECTED TO BE REALIZED IN
SECOND HALF
OF 2021

Source text for Eikon:  ID:nEQ1NbRqfa 
Further company coverage:  M4NG.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))

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