Brief: Viscom Adjusts Forecast For 2019

Viscom SE

30/07/2019 14:24

July 30 (Reuters) - Viscom AG  V6CG.DE :
    * DGAP-ADHOC: VISCOM AG ADJUSTS FORECAST FOR 2019
    * H1 ACHIEVED CONSOLIDATED REVENUE OF AROUND EUR 42.4 MILLION FOR FIRST HALF OF 2019
(PREVIOUS
YEAR: EUR 42.9 MILLION)
    * H1 (EBIT) FELL SHORT OF COMPANY'S EXPECTATIONS AT AROUND EUR 1.6 MILLION (PREVIOUS YEAR:
EUR 4.6
MILLION)
    * INCOMING ORDERS FELL BY 17.9 % FROM EUR 48.8 MILLION IN FIRST HALF OF 2018 TO EUR 40.0
MILLION
AS OF 30 JUNE 2019
    * NOW SEES CONSOLIDATED REVENUE OF BETWEEN EUR 85 MILLION AND EUR 94 MILLION FOR 2019 AS A
WHOLE
(PREVIOUS FORECAST: EUR 94 MILLION TO EUR 100 MILLION)
    * EBIT-MARGIN IS NOW EXPECTED TO BE BETWEEN 5 % AND 9 % IN 2019 (PREVIOUS FORECAST: 10 % TO
13 %)
FOR FY
    * OUTLOOK 2019: EBIT OF EUR 4.3 MILLION TO EUR 8.5 MILLION (PREVIOUS FORECAST: EUR 9.4
MILLION TO
EUR 13 MILLION)

Source text for Eikon:  ID:nEQ4yJF3Ca 
Further company coverage:  V6CG.DE 

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