Brief: QSC Sees Revenue Growth Of At Least 13% In 2020

QBeyond AG

25/11/2019 06:37

Nov 25 (Reuters) - QSC AG  QSCG.DE :
    * REVENUE GROWTH OF AT LEAST 13% TO MORE THAN EUR 143
MILLION IN
2020
    * SUSTAINABLY POSITIVE EBITDA FROM Q4 OF 2020
    * REVENUES FOR CURRENT YEAR - EXCLUDING TC BUSINESS SOLD AS
OF 30
JUNE 2019 - WILL AMOUNT TO AROUND EUR 127 MILLION
    * MILESTONES ALONG WAY INCLUDE BREAKEVEN FOR EBITDA FROM Q4
OF
2020
    * EXPECTS TO GENERATE A SUSTAINABLY POSITIVE FREE CASH FLOW
AND AN
EBITDA MARGIN OF MORE THAN 10% IN 2022
    * MILESTONES ALONG WAY INCLUDE BREAKEVEN FOR FREE CASH FLOW
FROM
Q4 OF 2021

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

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