Brief: SNP Schneider FY EBIT At EUR 1.0 Mln

SNP Schneider-Neureither & Partner SE

15/01/2021 11:36

Jan 15 (Reuters) - SNP Schneider Neureither & Partner SE
 SHFG.DE :
    * DGAP-ADHOC: SNP SE PUBLISHES PROVISIONAL FIGURES FOR 2020
FISCAL
YEAR - EBIT MARGIN BELOW EXPECTATIONS
    * FY EBIT 1.0 MILLION EUR
    * ANNUAL REVENUE ADDS UP TO APPROXIMATELY EUR 143 MILLION
FOR 2020
FISCAL YEAR WHICH IS ROUGHLY AT SAME LEVEL AS IN PREVIOUS YEAR
(EUR 145 MILLION)
    * ORDER ENTRY FOR 2020 WAS APPROXIMATELY EUR 185 MILLION
(PREVIOUS
YEAR: EUR 201 MILLION)
    * FOR 2021 FISCAL YEAR, COMPANY EXPECTS REVENUE GROWTH TO
EUR
160-180 MILLION BASED ON A GLOBAL INCREASE IN WILLINGNESS TO
INVEST.
    * DEPENDING ON PROGRESS OF GLOBAL MEASURES TO COMBAT
COVID-19
PANDEMIC, TARGET FOR EBIT MARGIN IS BETWEEN 5% AND 8%.
    * PLANNED SALE OF POLISH SUBSIDIARY TO ALL FOR ONE GROUP SE
IS NOT
INCLUDED IN THIS FORECAST.

Source text for Eikon:  ID:nEQ5ksrzba 
Further company coverage:  SHFG.DE 

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