Brief: Schweizer Electronic Q1 EBIT At EUR -1.7 Mln

Schweizer Electronic AG

09/05/2019 07:25

May 9 (Reuters) - SCHWEIZER ELECTRONIC AG  SWEGn.DE :
    * Q1 EBIT REDUCED TO -1.7 MILLION EURO
    * TURNOVER OF 29.1 MILLION EURO IN Q1 2019 (2018: 31.8
MILLION
EURO)
    * EXPECT A WEAK FIRST HALF YEAR FOLLOWED BY A SLIGHT
RECOVERY IN
SECOND HALF YEAR 2019
    * OUTLOOK 2019: TARGETS ACHIEVING A TURNOVER OF 125 MILLION
EUROS
WITH A VARIANCE OF -/+ 5 PERCENT
    * Q1 GROUP'S EBITDA DECREASED TO -0.1 MILLION EURO (2018:
3.5
MILLION EURO)
    * OUTLOOK 2019: EBITDA MARGIN OF 4 TO 6 PERCENT

Source text for Eikon:  ID:nEQc37mz6a 
Further company coverage:  SWEGn.DE 

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