Brief: Progress Werk Oberkirch Q3 Net Income At EUR 1.3 Mln

PWO AG

07/11/2019 07:10

Nov 7 (Reuters) - PROGRESS WERK OBERKIRCH AG  PWOG.DE :
    * REPORTS RESULTS FOR THE NINE-MONTH PERIOD AND THIRD
QUARTER OF
2019
    * OUTLOOK FOR REVENUE AND EBIT BEFORE CURRENCY EFFECTS FOR
2019
FISCAL YEAR REMAINS UNCHANGED
    * Q3 EBIT BEFORE CURRENCY EFFECTS AMOUNTED TO EUR 3.5
MILLION
(P/Y: EUR 4.2 MILLION)
    * Q3 EBIT INCLUDING CURRENCY EFFECTS REACHED EUR 3.3 MILLION
(P/Y:
EUR 3.2 MILLION)
    * Q3 NET INCOME FOR PERIOD AND EARNINGS PER SHARE ROSE TO
EUR 1.3
MILLION (P/Y: EUR 0.6 MILLION) AND EUR 0.40 (P/Y: EUR 0.21)
    * Q3 GROUP REVENUE IN Q3 OF 2019 AMOUNTED TO EUR 107.0
MILLION AND
REMAINED AT PREVIOUS YEAR'S LEVEL (P/Y: EUR 108.0 MILLION
    * EXPECTS REVENUE TO REACH LOWER END OF FORECAST RANGE OF
EUR 480
TO 490 MILLION IN 2019 FISCAL YEAR
    * MAINTAINING FY FORECAST FOR EBIT BEFORE CURRENCY EFFECTS
AND
CONFIRM FY FORECAST RANGE OF EUR 18 TO 19 MILLION

Source text for Eikon:  ID:nEQ59Dfmxa 
Further company coverage:  PWOG.DE 

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