Brief: Schloss Wachenheim Adjusts FY 2019/2020 Forecast

Schloss Wachenheim AG

13/05/2020 07:48

May 13 (Reuters) - Schloss Wachenheim AG  SWAG.DE :
    * 9-MONTH SALES INCREASE BY 1.5% TO 265.7 MILLION EUROS
    * 9-MONTH EBIT DOWN FROM EUR 20.2 MILLION TO EUR 15.3 MILLION
    * FORECAST FOR FY 2019/20 GROUP PROFIT IS BETWEEN EUR 12.0 MILLION AND EUR 14.5 MILLION
    * FORECAST FOR THE ENTIRE 2019/20 FINANCIAL YEAR ADJUSTED DUE TO THE CORONA CRISIS
    * 9-MONTH GROUP PROFIT AT EUR 10.9 MILLION VERSUS EUR 14.4 MILLION YEAR AGO
    * OUTLOOK 2019/2020: EBIT BETWEEN EUR 17.5 MILLION AND EUR 20.0 MILLION (PREVIOUS FORECAST
EUR
20.0 MILLION TO EUR 22.0 MILLION)
    * SALES VOLUMES FOR 2019/20 TO BE SLIGHTLY BELOW PREVIOUS YEAR'S LEVEL AND STABLE SALES
REVENUES
COMPARED TO 2018/19

Source text - https://bit.ly/2WXbTdM
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