Brief: Ringmetall H1 EBITDA Up At EUR 6.5 Million

Ringmetall SE

17/09/2020 06:03

Sept 17 (Reuters) - RINGMETALL AG  HP3G.DE :
    * H1 EBITDA ROSE 13.6 PERCENT TO 6.5 MILLION EUR
    * H1 REVENUE ROSE 0.9 PERCENT TO 62.3 MILLION EUR
    * UNCHANGED STABLE ORDER SITUATION IN Q3
    * STILL CONSIDERS FORECAST FOR COMPANY'S DEVELOPMENT IN FULL
YEAR
2020 TO BE REALISTIC
    * OUTLOOK 2020: COMPANY'S OPERATING PERFORMANCE IS CERTAINLY
IN
LINE WITH EXPECTATIONS
    * SIGNIFICANT DECLINE IN STEEL PRICES COULD LEAD TO GROUP
REVENUES
FALLING SLIGHTLY SHORT OF EXPECTATIONS, ALTHOUGH COMPANY'S
OPERATING PERFORMANCE IS CERTAINLY IN LINE WITH EXPECTATIONS
    * OUTLOOK 2020: CONTINUES TO EXPECT CONSOLIDATED SALES OF
EUR 125
TO 135 MILLION AND EBITDA OF EUR 11 TO 13 MILLION

Source text for Eikon:  ID:nEQ4CB4zWa 
Further company coverage:  HP3G.DE 

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