Brief: Stemmer Imaging Says Co's 2020 Revenue Level Of Eur 105.2 Mln Slightly Exceeds Most Recent Forecasted Range Of Eur 100- 105 Mln

Stemmer Imaging AG

22/02/2021 19:54

Feb 22 (Reuters) - Stemmer Imaging AG  S9I.DE :
    * PUBLISHES PRELIMINARY FIGURES FOR 2020 - GROUP EXCEEDS
FORECAST
FOR THE 2020 FISCAL YEAR
    * CO'S 2020 REVENUE LEVEL OF EUR 105.2 MILLION SLIGHTLY
EXCEEDS
MOST RECENT FORECASTED RANGE OF EUR 100 TO 105 MILLION
    * EBITDA OF EUR 7.2 MILLION SIGNIFICANTLY EXCEEDS FORECASTED
RANGE
OF EUR 5.5 TO 6.5 MILLION FOR 2020 FISCAL YEAR
    * MARKET UNCERTAINTIES FROM CROSS-BORDER LOCKDOWN AS PART OF
GOVERNMENTAL IMPOSED CORONA MEASURES IN Q4 HAD LESS IMPACT THAN
EXPECTED
    * UPWARD TREND IN SALES DEVELOPMENT SINCE LOW POINT IN Q2 OF
2020
CONTINUED IN Q4 OF PAST FISCAL YEAR

Source text for Eikon:  ID:nEQ3lpbfLa 
Further company coverage:  S9I.DE 

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