Brief: STS Group H1 Adjusted EBITDA Of EUR 10.1 Million, Down 38.8%

STS AG

07/08/2019 06:37

Aug 7 (Reuters) - STS Group AG  SF3.DE :
    * DGAP-NEWS: STS GROUP AG PUBLISHES FIGURES FOR THE FIRST
HALF-YEAR 2019 / DECLINE IN REVENUES AND EARNINGS IN H1 2019
COMPARED WITH PREVIOUS YEAR, HOWEVER, Q2 2019 ABOVE THE PREVIOUS
QUARTER
    * REVENUES AT 98.3 MEUR IN Q2/2019, 2.9% HIGHER THAN IN Q1
2019
(95.5 MEUR)
    * H1 REVENUES AT 193.8 MEUR, DOWNTURN OF 11.2% COMPARED TO
PRIOR
YEAR (H1/2018: 218.2 MEUR)
    * H1 EBITDA OF 10.1 MEUR , GROWS BY +46.4% COMPARED TO PRIOR
YEAR
(H1/2018: 6.9 MEUR)
    * H1 ADJUSTED EBITDA OF 10.1 MEUR DECREASES BY 38.8%
COMPARED TO
PRIOR YEAR (H1/2018: 16.5 MEUR)
    * FORECAST ADJUSTED ON AUGUST 2, 2019: DECLINE IN REVENUES
OF
BETWEEN 4.5 AND 9.5 % COMPARED TO PREVIOUS YEAR
    * FORECAST ADJUSTED ON AUGUST 2, 2019:  ADJUSTED EBITDA
MARGIN
BETWEEN 4.6 AND 5.3%

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

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))