Brief: Nilfisk Reinstates Financial Outlook For 2020

Nilfisk Holding A/S

05/10/2020 08:15

Oct 5 (Reuters) - Nilfisk Holding A/S  NLFSK.CO :
    * REG-NILFISK REINSTATES FINANCIAL OUTLOOK FOR 2020
    * FOR FULL YEAR 2020, WE NOW EXPECT ORGANIC GROWTH FOR TOTAL
BUSINESS OF -12% TO -14%,
    * NOW EXPECTS FY EBITDA MARGIN BEFORE SPECIAL ITEMS OF 10.5%
TO
11.5%
    * OUTLOOK BASED ON ASSUMPTION SPECIAL ITEMS ARE EXPECTED TO
BE IN
RANGE OF 15 TO 20 MEUR
    * OUTLOOK BASED ON THAT PANDEMIC WILL NOT MATERIALLY
ESCALATE
CAUSING SIGNIFICANT RENEWED LOCK-DOWN RESTRICTIONS IN LINE WITH
LEVELS SEEN IN Q2 IN KEY MARKETS SUCH AS US, GERMANY, FRANCE,
ITALY AND UK
    * OUTLOOK BASED ON ASSUMPTION CAPEX RATIO IS EXPECTED TO BE
3% TO
4% OF FULL-YEAR REVENUE

Source text for Eikon:  ID:nGNEmX5C2 
Further company coverage:  NLFSK.CO 

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