Brief: QSC Closes Plusnet Sale, Cuts 2019 Outlook

QBeyond AG

01/07/2019 06:34

July 1 (Reuters) - QSC AG  QSCG.DE :
    * QSC CLOSES PLUSNET SALE PREMATURELY
    * 2019 REVENUES AND EBITDA FORECASTS UPDATED ACCORDINGLY
    * FROM 2020, WE WILL BE GENERATING DOUBLE-DIGIT REVENUE
GROWTH
EVERY YEAR
    * AFTER SALE, PLUSNET WILL STILL BE BASED IN PREMISES AT
QSC'S
HEADQUARTERS IN COLOGNE
    * PREMATURE CLOSING OF TRANSACTION ALSO AFFECTS QSC'S
FULL-YEAR
FORECAST FOR 2019
    * NOW EXPECTS 2019 REVENUES OF MORE THAN EUR 235 MILLION,
EBITDA
OF MORE THAN EUR 140 MILLION

Source text for Eikon:  ID:nEQ78gg99a 
Further company coverage:  QSCG.DE 

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