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    O2C — Petro Welt Technologies AG News Story

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    Brief: Petro Welt Technologies Reports H1 Revenue 154 Million EUR

    Picture of Petro Welt Technologies AG logoPetro Welt Technologies AG
    20/08/2020 19:29
    Aug 20 (Reuters) - Petro Welt Technologies AG  O2C.DE :
    * H1 REVENUE 154 MILLION EUR
    * PETRO WELT TECHNOLOGIES - IN FIRST SIX MONTHS OF 2020, GROUP EBITDA JUMPED BY 24.4% TO EUR
29.1
MILLION COMPARED WITH SAME PERIOD OF PREVIOUS YEAR
    * PETRO WELT TECHNOLOGIES - MANAGEMENT DECIDED TO LIMIT ALL CAPEX PROGRAMS IN RUSSIAN MARKET
DUE
TO CRISIS IN GLOBAL OIL MARKET, IMPACT OF LOCKDOWNS
    * PETRO WELT TECHNOLOGIES - LOWERED FORECAST FOR GROUP REVENUE FOR 2020 FISCAL YEAR FROM
BETWEEN
EUR 278 AND EUR 285 MILLION TO BETWEEN EUR 275 AND EUR 282 MILLION

Source text for Eikon:  ID:nEQ8Pw8Dka 
Further company coverage:  O2C.DE 

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

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