Brief: Semperit AG Holding Q1 EBIT Up 24.9% To EUR 9.8 Million

Semperit Holding AG

20/05/2020 06:33

May 20 (Reuters) - Semperit AG Holding  SMPV.VI :
    * Q1 EBITDA INCREASED BY 2.3% TO EUR 16.9 MILLION, EBITDA
MARGIN
FROM 7.7% TO 8.5%
    * Q1 EBIT SIGNIFICANTLY IMPROVED BY 24.9% TO EUR 9.8
MILLION, EBIT
MARGIN FROM 3.7% TO 4.9%
    * Q1 DECREASE IN CONSOLIDATED REVENUE BY 6.5% TO EUR 199.1
MILLION
    * EXPECTS A BUSINESS YEAR THAT WILL BE CHARACTERISED BY
SIGNIFICANT CHALLENGES, THIS WILL BE REFLECTED IN VISIBLY LOWER
EARNINGS IN INDUSTRIAL SECTOR
    * IT IS CURRENTLY NOT POSSIBLE TO PROVIDE PRECISE ESTIMATES
FOR
EXPECTED DEVELOPMENT OF REVENUES AND PROFITABILITY

Source text for Eikon:  ID:nAPAdwPK8 
Further company coverage:  SMPV.VI 

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