Brief: Rovsing FY EBITDA Swings To Loss Of DKK 0.9 Mln

Rovsing A/S

11/09/2020 08:26

Sept 11 (Reuters) - Rovsing A/S  ROVS.CO :
    * FY EBITDA AMOUNTS TO DKK -0,9 MILLION COMPARED TO DKK 0,3
MILLION IN 2018/19
    * FY REVENUE AMOUNTING TO DKK 21,8 MILLION, COMPARED TO A
REVENUE
OF DKK 28,1 MILLION IN 2018/19, CORRESPONDING TO A DECREASE OF
DKK 6,3 MILLION
    * DEVELOPMENT IN REVENUE AND EBITDA FOR FINANCIAL YEAR
2019/20 IS
LINKED WITH A POOR DEVELOPMENT IN REVENUE AND NEGATIVE EBITDA IN
H1 OF 2019/20
    * BASED ON ABOVE ASSUMPTIONS, REVENUE OUTLOOK FOR 2020/21 IS
EXPECTED TO BE IN RANGE OF DKK 26 TO 28 MILLION, WITH A POSITIVE
EBITDA IN RANGE OF DKK 2 TO 3 MILLION
    * EXPECTS FOR THE FINANCIAL YEAR 2020/21 A REVENUE OF AROUND
DKK
26-28 MILLION AND AN EBITDA OF AROUND DKK 2 TO 3 MILLION.
    * BOARD OF DIRECTORS RECOMMENDS TO THE ANNUAL GENERAL
MEETING THAT
NO DIVIDEND BE DECLARED IN RESPECT OF THE 2019/20 FINANCIAL YEAR
    * FY PROFIT/LOSS AFTER TAX WAS DKK -6,8 MILLION FROM A LOSS
OF DKK
-4,0 MILLION IN 2018/19

Source text for Eikon:  ID:nNDLFXx4C 
Further company coverage:  ROVS.CO 

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