Brief: Stemmer Imaging H1 EBITDA Down At EUR 2.3 Mln

Stemmer Imaging AG

12/08/2020 08:10

Aug 12 (Reuters) - STEMMER IMAGING AG  S9I.DE :
    * PUBLISHES FINANCIAL FIGURES FOR THE FIRST HALF OF 2020:
DESPITE
A DECLINE IN REVENUE, STEMMER IMAGING ACHIEVES POSITIVE EBITDA -
RECOVERY TENDENCIES AT THE END OF THE SECOND QUARTER SUPPORT
FULL-YEAR FORECAST
    * H1 REVENUE 52.2 MILLION EUR
    * H1 EBITDA DECLINES TO EUR 2.3 MILLION (H1 PY: EUR 6.0
MILLION) -
FOCUS ON COST MANAGEMENT PAYS OFF.
    * DUE TO COVID-19 PANDEMIC, ORDER INTAKE DECLINED IN FIRST
HALF OF
YEAR TO EUR 53.2 MILLION (H1 PY: EUR 55.0 MILLION)
    * FULL-YEAR FORECAST CONFIRMED - HESITANT RECOVERY IN DEMAND
EXPECTED FOR SECOND HALF OF YEAR.

Source text for Eikon:  ID:nEQ2hq5pga 
Further company coverage:  S9I.DE 

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