Brief: Schulte Schlagbaum 9-month Adj. Earnings Before Taxes At About EUR 0.1 Mln

Schulte-Schlagbaum AG

21/10/2020 11:29

Oct 21 (Reuters) - SCHULTE SCHLAGBAUM AG  SSSG.D :
    * ACHIEVED CONSOLIDATED GROUP SALES OF AROUND EUR 38 MILLION
AFTER
9 MONTHS IN 2020, WHICH IS AROUND 2.4% BELOW THE PREVIOUS YEAR'S
PERIOD.
    * 9MTH ADJUSTED GROUP EARNINGS BEFORE TAXES IMPROVED BY EUR
0.4
MILLION FROM A NEGATIVE RESULT OF EUR -0.3 MILLION IN THE
COMPARABLE PERIOD OF THE PREVIOUS YEAR TO A POSITIVE RESULT OF
JUST UNDER EUR 0.1 MILLION.
    * FOR 2020 AS A WHOLE, MANAGEMENT BOARD IS ASSUMING A LOWER
SINGLE-DIGIT DECLINE IN CONSOLIDATED SALES, BUT POSITIVE
CONSOLIDATED OPERATING INCOME (EBIT).

Source text for Eikon:  ID:nEQ4nSPJga 
Further company coverage:  SSSG.D 

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