Brief: Saf Holland 9-Month Adjusted EBIT Down At EUR 66.9 Mln

Saf-Holland Se

07/11/2019 06:53

Nov 7 (Reuters) - SAF HOLLAND SA  SFQN.DE :
    * GROUP SALES IN FIRST NINE MONTHS OF 2019 REACHED A LEVEL
OF EUR
1,008.6 MILLION, UP 2.8 PER CENT
    * 9-MONTH ADJUSTED RESULT FOR PERIOD BEFORE MINORITY
INTERESTS WAS
EUR 42.9 MILLION (PREVIOUS YEAR EUR 46.1 MILLION)
    * 9-MONTH ADJUSTED GROUP EARNINGS BEFORE INTEREST AND TAXES
(EBIT)
DECLINED BY 5.9 % TO EUR 66.9 MILLION
    * CONTINUES TO EXPECT TO ACHIEVE GROUP SALES IN RANGE OF EUR
1,260
MILLION TO EUR 1,300 MILLION, CORRESPONDING TO A RATE OF CHANGE
OF 0 TO MINUS 3 PER CENT
    * ADJUSTED EBIT MARGIN IS EXPECTED TO RANGE FROM 6.0 TO 6.5
PER
CENT FOR FULL YEAR

Source text for Eikon:  ID:nEQ5SdRGla 
Further company coverage:  SFQN.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))