Brief: STS Group FY EBITDA Up At EUR 14.6 Mln

STS AG

09/04/2020 06:08

April 9 (Reuters) - STS GROUP AG  SF3.DE :
    * STS GROUP AG CONFIRMS PRELIMINARY FIGURES FOR 2019
FINANCIAL
YEAR; OUTLOOK 2020: DECLINE IN REVENUES AND ADJUSTED EBITDA
    * FY REVENUES DOWN 9.6% TO 362.8 MEUR (2018: 401.2 MEUR)
    * FY EBITDA INCREASED BY 22.7% TO 14.6 MEUR (2018: 11.9
MEUR)
    * FY ADJUSTED EBITDA AT 17.6 MEUR (2018: 23.7 MEUR)
    * FY NET FINANCIAL DEBT (INCL. LEASES) REDUCED TO 39.1 MEUR
AS OF
DECEMBER 31, 2019 (SEPTEMBER 30, 2019: 56.2 MEUR)
    * OUTLOOK 2020: DECLINE IN REVENUES AND ADJUSTED EBITDA
    * BUSINESS DEVELOPMENT IN 2020 UNCERTAIN DUE TO COVID-19

Source text for Eikon:  ID:nEQ1lRvr1a 
Further company coverage:  SF3.DE 

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