Brief: QSC Expects Double-Digit Revenue Growth In 2020

QBeyond AG

02/03/2020 06:32

March 2 (Reuters) - QSC AG  QSCG.DE :
    * DGAP-NEWS: QSC EXPECTS DOUBLE-DIGIT REVENUE GROWTH IN 2020
    * DIVIDEND OF 3 CENTS PER SHARE PROPOSED
    * SUSTAINABLY POSITIVE EBITDA FROM Q4 2020
    * 2019 FINANCIAL YEAR: REVENUES AMOUNTED TO EUR 238.0
MILLION,
EBITDA TO EUR 140.3 MILLION AND FREE CASH FLOW TO EUR 136.4
MILLION
    * FY CONSOLIDATED NET INCOME AMOUNTED TO EUR 73.5 MILLION
    * IN 2022, QSC WILL GENERATE REVENUES OF EUR 200 MILLION, A
SUSTAINABLY POSITIVE FREE CASH FLOW AND AN EBITDA MARGIN OF MORE
THAN 10%
    * HAS BUDGETED 2020 REVENUE GROWTH OF AT LEAST 13% TO MORE
THAN
EUR 143 MILLION
    * BUDGETED 2020 EBITDA OF UP TO EUR -5 MILLION AND A FREE
CASH
FLOW OF UP TO EUR -16 MILLION
    * WILL GENERATE SUSTAINABLY POSITIVE EBITDA FROM Q4 OF 2020
ONCE
AGAIN

Source text for Eikon:  ID:nEQ9XsWRwa 
Further company coverage:  QSCG.DE 

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