Brief: Secunet Security Networks Q1 Sales Down At EUR 32.6 Million

Secunet Security Networks AG

09/04/2020 16:28

April 9 (Reuters) - SECUNET SECURITY NETWORKS AG  YSNG.DE :
    * EARNINGS AND SALES IN THE FIRST QUARTER OF 2020 EACH BELOW
THE
COMPARABLE FIGURES FOR THE FIRST QUARTER OF FISCAL YEAR 2019,
VERY HIGH ORDER BACKLOG; FORECAST FOR FISCAL YEAR 2020 UNCHANGED
    * ACHIEVED LOWER RESULTS FOR SECUNET GROUP BOTH IN TERMS OF
SALES
(Q1-2020: 32.6 MILLION EUROS) AND EARNINGS BEFORE INTEREST AND
TAXES (Q1-2020: 0.0 MILLION EUROS) THAN IN CORRESPONDING QUARTER
OF PREVIOUS FISCAL YEAR 2019
    * HAS A RECORD ORDER VOLUME OF 115.2 MILLION EUROS AT END OF
Q1 OF
2020
    * CONFIRMS ITS FORECAST FOR 2020 FISCAL YEAR
    * SLIGHT DECLINE IN SALES REVENUES IS EXPECTED TO CONTINUE
AND,
ACCORDINGLY, EBIT FOR SECUNET GROUP IS EXPECTED TO BE SLIGHTLY
BELOW PREVIOUS YEAR

Source text for Eikon:  ID:nEQ6qFwqha 
Further company coverage:  YSNG.DE 

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