Brief: Voltabox Cuts FY Forecast

Voltatron AG

07/12/2020 15:43

Dec 7 (Reuters) - VOLTABOX AG  VBX.DE :
    * CUSTOMERS CONTINUE TO DISPOSE CAUTIOUS - MANAGEMENT BOARD
ADJUSTS FORECAST ACCORDINGLY
    * IS LOWERING ITS FORECAST FOR REVENUE FOR CURRENT FISCAL
YEAR TO
EUR 17 MILLION
    * OUTLOOK 2020: EBITDA MARGIN IS EXPECTED TO BE AT -100
PERCENT
AFTER MOST RECENT -60 PERCENT
    * OUTLOOK 2020: WHILE ABSOLUTE EBITDA IS EXPECTED TO BE ONLY
SLIGHTLY BELOW PREVIOUS EXPECTATIONS AT AROUND EUR -17 MILLION
    * OUTLOOK 2020: FREE CASH FLOW IS EXPECTED TO REMAIN
SLIGHTLY
NEGATIVE

Source text for Eikon:  ID:nEQ5JDx77a 
Further company coverage:  VBX.DE 

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