Brief: Windeln.De SE Says Management Board Estimates Break-Even Will Be Reached In 2023 At Latest

Nakiki Se

23/03/2022 19:33

March 23 (Reuters) - Windeln.de SE  WDL1k.DE :
    * NO LONGER ADHERES TO ITS PREVIOUS TARGET OF REACHING
BREAK-EVEN
MEASURED BY ADJUSTED EBIT AT GROUP LEVEL IN 2022
    * MANAGEMENT BOARD ESTIMATES THAT BREAK-EVEN WILL BE REACHED
IN
2023 AT LATEST
    * DECISION IS BASED ON INCREASED RISKS FOR INTERNATIONAL
MOVEMENT
OF GOODS, WHICH COULD IMPACT CHINA BUSINESS IN PARTICULAR
    * WINDELN.DE EXPECTS THAT CAPITAL INCREASE CAN BE
IMPLEMENTED IN
SHORT TERM

Source text for Eikon:  ID:nEQ16XGmWa 
Further company coverage:  WDL1k.DE 

 ((Reuters.Briefs@thomsonreuters.com;))