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    O2C — Petro Welt Technologies AG News Story

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    Brief: Petro Welt Technologies Cuts FY Revenue Forecast

    Picture of Petro Welt Technologies AG logoPetro Welt Technologies AG
    12/11/2020 16:01
    Nov 12 (Reuters) - PETRO WELT TECHNOLOGIES AG  O2C.DE :
    * REVENUE FORECAST REDUCED
    * GROUP PROJECTS AN EBITDA MARGIN OF 16% FOR 2020
    * FURTHER REDUCED ITS FORECAST OF EXPECTED REVENUES FOR
FISCAL
YEAR 2020 TO EUR 255-260 MILLION, BASED ON AN AVERAGE EXCHANGE
RATE OF RUB 92 PER EURO TO BE EXPECTED IN Q4 OF 2020

Source text for Eikon:  ID:nEQ1xfq0Ha 
Further company coverage:  O2C.DE 

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