Brief: Viscom FY Revenue Down At EUR 88.6 Mln

Viscom SE

09/04/2020 07:14

April 9 (Reuters) - VISCOM AG  V6CG.DE :
    * DIVIDEND PROPOSAL: EUR 0.05 PER DIVIDEND-BEARING SHARE
    * FY REVENUE: EUR 88,556 THOUSAND (PREVIOUS YEAR: EUR 93,557
THOUSAND, -5.3%)
    * AT EUR 79,525 THOUSAND, INCOMING ORDERS IN 2019 FINANCIAL
YEAR
WERE DOWN ON PRIOR-YEAR LEVEL
    * FORECAST FOR CURRENT YEAR IS SUBJECT TO A GREAT DEAL OF
UNCERTAINTY
    * VISCOM ANTICIPATES BUDGETED REVENUE AND INCOMING ORDERS OF
EUR
65 TO EUR 80 MILLION IN 2020
    * EBIT-MARGIN FOR 2020 FINANCIAL YEAR IS LIKELY TO BE
BETWEEN -7.7
% AND +2.5 %, WITH EBIT OF BETWEEN EUR -5.0 MILLION AND EUR +2.0
MILLION
    * TO ACHIEVE FORECAST FOR YEAR, VISCOM AG WILL MAKE
EXTENSIVE COST
REDUCTIONS THAT WILL ENSURE KEY TECHNICAL DEVELOPMENTS REQUIRED
BY SITUATION AS WELL AS READINESS TO WIN ORDERS
    * ANTICIPATES BUDGETED REVENUE AND INCOMING ORDERS OF EUR 65
TO
EUR 80 MILLION IN 2020

Source text for Eikon:  ID:nEQ6t6MfKa 
Further company coverage:  V6CG.DE> 

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