Brief: Vectron Systems Q3 EBITDA Loss Turns To Profit Of EUR 0.2 Million

Vectron Systems AG

23/10/2020 10:02

Oct 23 (Reuters) - Vectron Systems AG  V3SG.DE :
    * SIGNIFICANT IMPROVEMENT IN SALES AND EARNINGS DESPITE
RESTRICTIONS DUE TO CORONA PANDEMIC IN Q3 OF 2020
    * POSITIVE EFFECTS EXPECTED BY 2022 FROM CASH REGISTER
CONVERSIONS
    * FORECAST CONFIRMED ONCE AGAIN
    * EBITDA OF EUR 180 THOUSAND (Q3 2019: EUR -565 THOUSAND)
WAS
GENERATED IN QUARTER
    * INCREASED SALES IN Q3 OF 2020 BY 38.8 PERCENT TO EUR 7.6
MILLION
COMPARED TO SAME PERIOD OF PREVIOUS YEAR
    * ALSO ADHERES TO MEDIUM-TERM FORECAST ISSUED IN AUGUST

Source text for Eikon:  ID:nEQ20BspZa 
Further company coverage:  V3SG.DE 

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