Brief: Ringmetall 9M Group Revenues At EUR 89.9 Mln

Ringmetall SE

05/11/2020 06:09

Nov 5 (Reuters) - RINGMETALL AG  HP3G.DE :
    * GROUP REVENUES OF EUR 89.9 MILLION IN FIRST NINE MONTHS
SLIGHTLY
DOWN DUE TO STEEL PRICES
    * REVENUE FORECAST CONCRETIZED DUE TO STEEL PRICES, EARNINGS
FORECAST CONFIRMED
    * 9M EBITDA INCREASES SIGNIFICANTLY BY 8.3 PERCENT TO EUR
9.0
MILLION, EBITDA MARGIN IMPROVES TO 10.0 PERCENT
    * OUTLOOK 2020: REVENUES EXPECTED EUR 125 TO 135 MILLION, A
RANGE
OF EUR 115 TO 120 MILLION IS NOW CONSIDERED REALISTIC
    * OUTLOOK 2020: EBITDA FORECAST, ON OTHER HAND, IS
REAFFIRMED

Source text for Eikon:  ID:nEQbQrjx2a 
Further company coverage:  HP3G.DE 

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