Brief: Washtec Q2 Net Income EUR 3.8 Million, Down 56%

Washtec AG

26/07/2019 06:55

July 26 (Reuters) - Washtec AG  WSUG.DE :
    * Q2 REVENUE OF EUR 106.7 MILLION VS EUR 108.6 MILLION YEAR
AGO
    * EBIT DOWN IN Q2 FROM EUR 12.9 MILLION TO EUR 6.6 MILLION
    * Q2 NET INCOME EUR 3.8 MILLION VS EUR 8.7 MILLION YEAR AGO
    * SEES STABLE REVENUE AND SIGNIFICANT DECREASE IN EBIT
    * PLANS REDUCTION IN PERSONNEL EXPENSES FROM 2020; THESE
ACTIVITIES MAY REQUIRE ONE-TIME ADDITIONAL EXPENDITURE IN 2019

    
 Source text: https://bit.ly/2ZemYGW
    
 Further company coverage:  WSUG.DE  
   


 (Gdynia Newsroom)
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))