WashTec: Disappointing Q1 drags down shares

Washtec AG

29/04/2019 08:43

** Shares in vehicle washing solutions provider WashTec
 WSUG.DE  drop 3.5 pct after it reports lower Q1 pretax profit
    ** Bankhaus Lampe says WashTec's Q1 results were very soft,
with figures coming in below the broker's estimates
    ** The broker adds that confirmed guidance is not
surprising, given it was already based on a trend of the first
two months of 2019
    ** The stock at bottom of German smallcap index  .SDAXI  

 ((Linda.pasquini@tr.com))