Brief: Stemmer Imaging Q3 EBITDA Down At EUR 1.7 Mln
12/11/2020 08:22
Nov 12 (Reuters) - STEMMER IMAGING AG S9I.DE :
* STEMMER IMAGING PUBLISHES NINE-MONTH FIGURES: Q3 WITH 10%
REVENUE INCREASE OVER PREVIOUS QUARTER SHOWS ONLY MODEST
BUSINESS RECOVERY - POSITIVE EARNINGS DEVELOPMENT DUE TO
STRUCTURAL COST IMPROVEMENTS - FULL-YEAR OUTLOOK REMAINS
CAUTIOUS
* Q3 EBITDA 1.7 MILLION EUR VERSUS 4.0 MILLION EUR YEAR AGO
* Q3 REVENUE ROSE 10 PERCENT TO 25.2 MILLION EUR
* ORDER INTAKE INCREASES TO EUR 28.1 MILLION IN Q3 2020 WITH
POSITIVE BOOK-TO-BILL RATIO (Q2 2020: EUR 21.4 MILLION)
* UPDATE OF FULL-YEAR FORECAST 2020 DUE TO ONGOING MARKET
UNCERTAINTIES: SALES REVENUES IN A RANGE OF EUR 100.0 TO 105.0
MILLION AND EBITDA OF EUR 3.0 TO 5.0 MILLION EXPECTED.
* Q3 EBT AT EUR 0.6 MILLION (Q3 2019: EUR 2.9 MILLION)
Source text for Eikon: ID:nEQ5VML3Ja
Further company coverage: S9I.DE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))