Brief: Semperit H1 EBITDA Up At EUR 57.6 Mln

Semperit Holding AG

14/08/2020 06:44

Aug 14 (Reuters) - SEMPERIT AG HOLDING  SMPV.VI :
    * SLIGHT DECLINE IN TOTAL H1 REVENUE OF 4.2% TO EUR 418.9
MILLION
    * H1 EBITDA INCREASED BY 47.2% TO EUR 57.6 MILLION, EBITDA
MARGIN
FROM 9.0% TO 13.7%
    * H1 EBIT IMPROVED MANY TIMES OVER TO EUR 112.2 MILLION DUE
TO
IMPAIRMENT REVERSAL IN SEMPERMED SEGMENT AMOUNTING TO EUR 88.8
MILLION, EBIT MARGIN FROM 4.8% TO 26.8%
    * H1 ADJUSTED EBIT MORE THAN DOUBLED TO EUR 43.4 MILLION
    * 2020 EBITDA OF SEMPERIT GROUP IS CURRENTLY EXPECTED TO BE
SIGNIFICANTLY HIGHER THAN IN PREVIOUS YEAR (2019: EUR 67.8
MILLION) FOR FULL YEAR.
    * EBIT OF SEMPERIT GROUP OF EUR 110 TO 160 MILLION (2019:
EUR
-16.5 MILLION) IS EXPECTED FOR 2020 AS A WHOLE

Source text for Eikon:  ID:nAPA3qPgpV 
Further company coverage:  SMPV.VI 

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