Brief: Viscom FY Operating Loss At EUR -6.0 Mln

Viscom SE

23/03/2021 06:58

March 23 (Reuters) - VISCOM AG  V6CG.DE :
    * ACHIEVES ANNUAL FORECAST FOR 2020 IN DIFFICULT MARKET
ENVIRONMENT
    * FY OPERATING LOSS -6.0 MILLION EUR VERSUS 4.0 MILLION EUR
PROFIT
YEAR AGO
    * FY SALES 61.6 MILLION EUR VERSUS 88.6 MILLION EUR YEAR AGO
    * ACHIEVES ANNUAL FORECAST FOR 2020
    * WILL NOT PAY A DIVIDEND FOR 2020 FINANCIAL YEAR TO ITS
SHAREHOLDERS.
    * ANTICIPATES TARGET REVENUE AND INCOMING ORDERS OF BETWEEN
EUR 70
MILLION AND EUR 80 MILLION IN 2021
    * ORDER BACKLOG WAS EUR 18,938 THOUSAND AS AT END OF YEAR,
AN
INCREASE OF AROUND 18.8 % AS AGAINST PREVIOUS YEAR (EUR 15,939
THOUSAND)
    * EBIT-MARGIN FOR 2021 FINANCIAL YEAR IS LIKELY TO BE
BETWEEN 3 %
AND 9 %, WITH EBIT OF BETWEEN EUR 2.1 MILLION AND EUR 7.2
MILLION
    * FY EBIT: EUR -5,979 THOUSAND (PREVIOUS YEAR: EUR 4,017
THOUSAND)

Source text for Eikon:  ID:nEQ2pRNBba 
Further company coverage:  V6CG.DE 

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