Brief: Washtec Expects FY EBIT Of EUR 20.1 Mln

Washtec AG

04/02/2021 14:04

Feb 4 (Reuters) - WASHTEC AG  WSUG.DE :
    * DGAP-ADHOC: WASHTEC AG: REVENUE AND EBIT FOR FISCAL YEAR
2020
BETTER THAN EXPECTED
    * FY PRELIMINARY REVENUE FOR FISCAL YEAR 2020 WAS 13.2%
BELOW
PRIOR YEAR AND AT EUR 378.7M (PRIOR YEAR: EUR 436.5M)
    * PRELIMINARY REVENUE FOR FISCAL YEAR 2020 WAS 13.2% BELOW
PRIOR
YEAR AND AT EUR 378.7M (PRIOR YEAR: EUR 436.5M)
    * FOR FISCAL YEAR 2020, WASHTEC EXPECTS EARNINGS BEFORE
INTEREST
AND TAXES (EBIT) OF EUR 20.1M (PRIOR YEAR: EUR 36.3M)
    * THIS RESULT INCLUDES ONE-TIME EXPENSES AMOUNTING TO EUR
5.6M,
INCLUDING BUT NOT LIMITED TO IMPAIRMENTS OF INTANGIBLE ASSETS

Source text for Eikon:  ID:nEQ4WPQWJa 
Further company coverage:  WSUG.DE 

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