Brief: Progress Werk Oberkirch H1 EBIT Down At EUR 1.0 Mln

PWO AG

23/07/2020 15:48

July 23 (Reuters) - PROGRESS WERK OBERKIRCH AG  PWOG.DE :
    * REVENUE FOR FIRST HALF-YEAR AMOUNTED TO EUR 158.2 MILLION
(P/Y:
EUR 236.9 MILLION)
    * DISCUSSIONS HAVE NOT YET BEEN CONCLUDED WITH OUR SOCIAL
PARTNERS
REGARDING NEW SUPPLEMENTARY WAGE AGREEMENTS IN ORDER TO REDUCE
STAFF COSTS AT OBERKIRCH SITE
    * FOR THIS REASON, WE CANNOT YET ISSUE A NEW FORECAST FOR
CURRENT
FISCAL YEAR
    * SLIGHTLY POSITIVE EBIT BEFORE CURRENCY EFFECTS IN FIRST
HALF OF
2020
    * H1 EBIT BEFORE CURRENCY EFFECTS EQUALED EUR 1.0 MILLION
(P/Y:
EUR 10.8 MILLION)

Source text for Eikon:  ID:nEQ7zzt59a 
Further company coverage:  PWOG.DE 

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