Brief: Washtec Q1 EBIT Down At EUR 1.7 Mln

Washtec AG

28/04/2020 07:06

April 28 (Reuters) - WashTec AG  WSUG.DE :
    * DGAP-NEWS: WASHTEC AG: EFFECTS OF COVID-19 PANDEMIC CLEARLY NOTICEABLE AT THE END OF THE
FIRST
QUARTER
    * GUIDANCE FOR 2020 RETRACTED DUE TO UNFORESEEABLE BUSINESS IMPACT OF COVID-19 PANDEMIC
    * Q1 REVENUE AT EUR 87.3M (PRIOR YEAR: EUR 92.3M) SIGNIFICANTLY DOWN ON PRIOR
    * Q1 EBIT AT EUR 1.7M (PRIOR YEAR: EUR 2.6M) DESPITE COST REDUCTIONS, DOWN ON PRIOR YEAR DUE
TO
LOWER REVENUE
    * Q1 REVENUE AT EUR 87.3M (PRIOR YEAR: EUR 92.3M) SIGNIFICANTLY DOWN ON PRIOR YEAR

Source text for Eikon:  ID:nEQ5F1smca 
Further company coverage:  WSUG.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))