Brief: SGL Carbon FY Consolidated Net Loss Widens To EUR 132.2 Million

SGL Carbon SE

25/03/2021 06:38

March 25 (Reuters) - SGL CARBON SE  SGCG.DE :
    * FY CONSOLIDATED SALES IN 2020 AT EUR 919.4 MILLION AND
THUS 15%
BELOW PRIOR YEAR
    * FY CONSOLIDATED NET RESULT OF MINUSEUR 132.2 MILLION
(2019:
MINUS EUR 90.0 MILLION) DUE TO IMPAIRMENT LOSSES AT CFM AND
RESTRUCTURING EXPENSES
    * FY EBIT BEFORE NON-RECURRING ITEMS SLIGHTLY IMPROVED TO
EUR 50.2
MILLION (2019: EUR 48.4 MILLION)
    * FY OPERATING EBIT BEFORE NON-RECURRING ITEMS AND ONE-OFF
EFFECTS
SLIGHTLY ABOVE EXPECTATIONS AT EUR 19.5 MILLION (2019: EUR 46.6
MILLION)
    * OUTLOOK 2021: SALES IN RANGE OF EUR 920 MILLION TO EUR 970
MILLION, EBITDA PRE-EXCEPTIONALS BETWEEN EUR 100 MILLION AND EUR
120 MILLION (2020: EUR 92.8 MILLION)

Source text for Eikon:  ID:nNDL3VLMfJ 
Further company coverage:  SGCG.DE 

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