Brief: Nynomic 9-Month EBIT Down At Around EUR 4.7 Mln

Nynomic AG

14/11/2019 09:08

Nov 14 (Reuters) - NYNOMIC AG  M7UG.DE :
    * 9-MONTH SALES OF APPROX. EUR 45.2 MILLION (2018: EUR 51.0
MILLION, -11%)
    * 9-MONTH EBIT OF AROUND EUR 4.7 MILLION (2018: EUR 8.8
MILLION,
-47%)
    * REDUCES FORECAST FOR 2019 FINANCIAL YEAR TO A GROUP
TURNOVER OF
APPROX. EUR 62.0 MILLION WITH AN EBIT MARGIN OF APPROX. 10%
    * AT THE SAME TIME, THE EXECUTIVE BOARD IS AGAIN EXPECTING
SALES
OF WELL OVER EUR 70.0 MILLION FOR 2020
    * ALSO EXPECTS ABOVE-AVERAGE GROWTH FOR FOLLOWING FINANCIAL
YEARS
    * MAINTAINS MID-TERM GROWTH TARGETS OF EUR 100.0 MILLION /
EBIT
MARGIN OF AROUND 15%

Source text for Eikon:  ID:nEQ56vg6Za 
Further company coverage:  M7UG.DE 

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