Brief: Villeroy & Boch Sees FY2019 EBIT Between EUR 48 Million And EUR 52 Million

Villeroy & Boch AG

16/07/2019 21:08

July 16 (Reuters) - Villeroy & Boch AG  VIBG_p.DE :
    * DGAP-ADHOC: VILLEROY & BOCH AG: VILLEROY & BOCH REVISES
FORECAST
FOR 2019 FINANCIAL YEAR
    * H1 REVENUE 393.2 MILLION EUR
    * SAYS FOR 2019 COMPANY NOW EXPECTS A SLIGHT DECLINE IN
CONSOLIDATED REVENUE TO BETWEEN EUR 825 MILLION AND EUR 850
MILLION
    * SEES FY2019 EBIT TO BETWEEN EUR 48 MILLION AND EUR 52
MILLION
    * REASON FOR CORRECTION IS UNSATISFACTORY REVENUE
DEVELOPMENT OF
-6.3 % IN FIRST HALF OF 2019

Source text for Eikon:  ID:nEQ8r91CDa 
Further company coverage:  VIBG_p.DE 

 ((Reuters.Briefs@thomsonreuters.com;))