Brief: Polytec 9-Mth EBITDA At EUR 20.6 Mln

Polytec Holding AG

06/11/2020 07:04

Nov 6 (Reuters) - POLYTEC HOLDING AG  POLV.VI :
    * 9-MONTH SALES REVENUES OF POLYTEC GROUP FELL BY 19.3% TO
EUR
379.4 MILLION (Q1-Q3 2019: EUR 470.3 MILLION).
    * IN FIRST THREE QUARTERS OF 2020, POLYTEC GROUP EBITDA
AMOUNTED
TO EUR 20.6 MILLION (Q1-Q3 2019: EUR 47.8 MILLION)
    * FINANCIAL RESULT FOR FIRST NINE MONTHS OF 2020 AMOUNTED TO
MINUS
EUR 2.4 MILLION (Q1-Q3 2019: MINUS EUR 2.9 MILLION)
    * GROUP EBIT IN Q3 OF 2020 AMOUNTED TO EUR 0.9 MILLION AND
WAS
THUS SLIGHTLY POSITIVE (Q3 2019: EUR 6.1 MILLION)
    * GROUP NET PROFIT STOOD AT MINUS EUR 10.4 MILLION (Q1-Q3
2019:
EUR 14.1 MILLION)
    * OUTLOOK 2020: ANTICIPATES SALES REVENUES OF AROUND EUR 520
MILLION
    * EARNINGS BEFORE INTEREST AND TAXES (EBIT) WILL PROBABLY BE
BALANCED PRIOR TO SPECIAL EFFECTS

Source text for Eikon:  ID:nPexngsW1a 
Further company coverage:  POLV.VI 

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