Brief: SNP Schneider Neureither & Partner H1 EBIT Loss Of EUR 1.1 Mln

SNP Schneider-Neureither & Partner SE

10/08/2021 06:34

Aug 10 (Reuters) - SNP SCHNEIDER NEUREITHER & PARTNER SE
 SHFG.DE :
    * INCREASES REVENUE AND PROFITABILITY IN THE FIRST HALF OF
THE
YEAR
    * H1 REVENUE ROSE 10.2 PERCENT TO 75.2 MILLION EUR
    * H1 EBIT IMPROVES TO -1.1 MILLION EUROS (H1 2020: -4.7
MILLION
EUROS)
    * REVENUE AND EBITDA EXPECTATIONS FOR 2021 RAISED AFTER
TAKING
INTO ACCOUNT EFFECTS FROM COMPANY ACQUISITIONS AND DISPOSALS
    * OUTLOOK 2021:  CONSOLIDATED SALES OF BETWEEN 170 MILLION
EUROS
AND 190 MILLION EUROS (PREVIOUSLY WITHOUT M&A ACTIVITIES: 160
MILLION EUROS TO 180 MILLION EUROS)
    * OUTLOOK 2021: EXPECTATION FOR EBIT MARGIN REMAINS
UNCHANGED AT
5% TO 8%
    * OUTLOOK 2021: EBITDA FOR CURRENT FINANCIAL YEAR TO BE
BETWEEN
EUR 18 MILLION AND EUR 24 MILLION
    * OUTLOOK 2021: EXCLUDING M&A ACTIVITIES, EBITDA FORECAST
WOULD BE
BETWEEN EUR 16 MILLION AND EUR 22 MILLION

Source text for Eikon:  ID:nEQ3Fs1gza 
Further company coverage:  SHFG.DE 

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