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V3S - Vectron Systems AG News Story

€13.22 0.1  0.5%

Last Trade - 7:45am

Sector
Technology
Size
Small Cap
Market Cap £91.1m
Enterprise Value £84.0m
Revenue £23.8m
Position in Universe 749th / 1046

BRIEF-Vectron Systems Revises 2020-2022 Forecast

Wed 12th August, 2020 12:41pm
Aug 12 (Reuters) - VECTRON SYSTEMS AG  V3SG.DE :
    * REVISED MEDIUM-TERM PLANNING FOR THE FINANCIAL YEARS
2020-2022
    * NOW EXPECTS SALES IN A RANGE BETWEEN EUR 25 AND EUR 29
MILLION
FOR 2020 FINANCIAL YEAR
    * PLANS TO GENERATE SALES OF AROUND EUR 50 MILLION WITH AN
EBITDA
MARGIN OF APPROXIMATELY 20 PERCENT IN COMING 2021 FISCAL YEAR
    * FOR 2020 EXPECTS EBITDA IN RANGE OF EUR -2.0 MILLION TO
EUR 0.25
MILLION
    * TURNOVER IS EXPECTED TO BE IN RANGE OF EUR 65 MILLION IN
2022
WITH AN EBITDA MARGIN OF APPROX. 25 PERCENT

Source text for Eikon:  ID:nEQ6ZsXSMa 
Further company coverage:  V3SG.DE 

 (Gdansk Newsroom)
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