Brief: RoodMicrotec FY EBITDA Up At 1.4 Million Euros

RoodMicrotec N.V.

14/03/2019 07:02

March 14 (Reuters) - ROODMICROTEC N.V.  ROON.AS :
    * FY NET PROFIT EUR 125,000 VERSUS LOSS EUR 44,000 YEAR AGO 
    * FY CASH FLOW FROM OPERATING ACTIVITIES OF EUR 0.56 MILLION
POSITIVE
    * SOLID GROWTH OF 11% IN FY SALES REVENUE, EUR 13.4 MILLION
(2017:
EUR 12.1 MILLION)
    * REVENUE FOR 2020 IS EXPECTED TO BE IN RANGE OF EUR 16
MILLION TO
EUR 18 MILLION
    * FY EBITDA EUR 1.4 MILLION VERSUS EUR 0.9 MILLION YEAR AGO
    * OUTLOOK IS DUE TO SIGNIFICANT DROP IN DEMAND FROM ONE OF
OUR
CUSTOMERS AFTER THEY LOST A MAJOR PROJECT, COMBINED WITH SOFTER
MARKET AND GEOPOLITICAL SITUATION - CEO
    * FY SOLVENCY INCREASED TO 38% (2017: 36%)

Source text for Eikon:  ID:nGNE4PHNC0 
Further company coverage:  ROON.AS 

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