Brief: Washtec Q3 EBIT Down At EUR 7.3 Mln

Washtec AG

27/10/2020 07:04

Oct 27 (Reuters) - WASHTEC AG  WSUG.DE :
    * FURTHER NOTICEABLE IMPACT OF COVID-19 PANDEMIC IN THIRD
QUARTER,
NEVERTHELESS SLIGHTLY LOWER THAN IN THE SECOND QUARTER
    * YEAR-TO-DATE REVENUE WAS EUR 269.3M DOWN 12.9%
YEAR-OVER-YEAR
(PRIOR YEAR: EUR 309.1M) AND EUR 93.9M IN Q3 DOWN 14.7%
YEAR-OVER-YEAR (PRIOR YEAR: EUR 110.1M)
    * FULL-YEAR GUIDANCE CONFIRMED: 15-20% LOWER REVENUE AND
EBIT
MARGIN OF 3-5%
    * YEAR-TO-DATE EBIT WAS EUR 12.5M (PRIOR YEAR: EUR 20.3M)
AND EUR
7.3M IN Q3 (PRIOR YEAR: EUR 11.1M)
    * 9MTH NET INCOME 7.4 MILLION EUR, -36.2%

Source text for Eikon:  ID:nEQ58xF4na 
Further company coverage:  WSUG.DE 

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