Brief: QSC FY Revenues Up 2 Pct To EUR 366.8 Million

QBeyond AG

27/02/2019 06:37

Feb 27 (Reuters) - QSC AG  QSCG.DE :
    * FY REVENUES BASED ON PRELIMINARY CALCULATIONS UP 2% TO EUR
366.8
MILLION
    * CLOUD BUSINESS AS KEY GROWTH DRIVER: REVENUES SURGE 31% TO
EUR
36.5 MILLION FOR FY
    * FY TELECOMMUNICATIONS (TC) REVENUES INCREASE 6% TO EUR
200.9
MILLION
    * STABLE DIVIDEND OF 3 CENTS PER SHARE PLANNED
    * EXPECTS REVENUES OF MORE THAN EUR 350 MILLION IN 2019
    * OUTLOOK 2019: EBITDA OF MORE THAN EUR 65 MILLION AND A
POSITIVE
FREE CASH FLOW ONCE AGAIN
    * QUANTIFIES IMPACT OF FIRST-TIME APPLICATION OF IFRS 16 AT
EUR 30
MILLION TO EUR 35 MILLION FOR EBITDA
    * REVIEWS SEVERAL STRATEGIC OPTIONS FOR TC BUSINESS, AIMS TO
TAKE
DECISION ON THIS BY END OF MAY 2019 AT LATEST

Source text for Eikon:  ID:nEQ3wBgCXa 
Further company coverage:  QSCG.DE 

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