Brief: Vectron Systems Revises 2020-2022 Forecast

Vectron Systems AG

12/08/2020 12:41

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)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))