Brief: va Q tec FY EBITDA More Than Triples To Around EUR 10 Mln

va Q tec AG

27/03/2020 07:41

March 27 (Reuters) - va Q tec AG  VQTG.DE :
    * 2019 REVENUE UP BY A SIGNIFICANT 28% TO EUR 64.7 MILLION
    * FY EBITDA MORE THAN TRIPLES TO AROUND EUR 10 MILLION;
EBITDA
MARGIN ON TOTAL INCOME GROWS TO 13% AND ON REVENUE TO 15%
    * DESPITE COVID-19 EFFECTS, MODERATE TO MEDIUM REVENUE
GROWTH WITH
UNCHANGED PROFITABILITY EXPECTED FOR 2020
    * EXPECTS, UNDER NORMALIZED ECONOMIC CONDITIONS, MEDIUM TO
STRONG
REVENUE GROWTH OVERALL FOR 2020 FINANCIAL YEAR.
    * FOR EBITDA IN 2020, COMPANY PLANS TO ACHIEVE A STABLE
MARGIN ON
ITS TOTAL REVENUE COMPARED TO 2019

Source text for Eikon:  ID:nEQrMd6Fa 
Further company coverage:  VQTG.DE 

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