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SNG - Singulus Technologies AG News Story

€4.98 -0.0  -0.8%

Last Trade - 3:54pm

Sector
Industrials
Size
Micro Cap
Market Cap £38.7m
Enterprise Value £49.2m
Revenue £33.9m
Position in Universe 855th / 1046

BRIEF-Singulus Technologies Sees EBIT For FY 2019 Between Minus EUR 4.7 To 5.3 Mln Before One-Off Effects

Mon 3rd February, 2020 7:27am
Feb 3 (Reuters) - SINGULUS TECHNOLOGIES  SNGGk.DE  
    * SAID ON FRIDAY FY 2019 SALES REVENUES ARE IN RANGE OF
ABOUT EUR
76.0 TO 80.0 MILLION
    * FOR EBIT FOR FY 2019, CO EXPECTS LOSS IN THE RANGE OF
MINUS EUR
4.7 TO 5.3 MILLION BEFORE ONE-OFF EFFECTS
    * ADDED TO THIS IS EXPENSE FOR INDIVIDUAL VALUE ADJUSTMENT
DUE TO
THE BANKRUPTCY OF LARGE CUSTOMER IN SOLAR SEGMENT IN AMOUNT OF
EUR 3.3 MILLION
    * THIS LEADS TO TOTAL FY 2019 EBIT IN RANGE OF MINUS EUR 8.0
TO
EUR 8.6 MILLION

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEQ2S9mkTa
    
 Further company coverage:  SNGGk.DE  
   


 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10))
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