Brief: Westag & Getalit Swings To H1 Loss Before Taxes Of EUR 0.4 Million

Westag AG

16/07/2021 16:57

July 16 (Reuters) - Westag & Getalit AG  WUGG.F :
    * ACCORDING TO PRELIMINARY FIGURES, WESTAG & GETALIT AG
ACHIEVED
SALES REVENUES IN ACCORDANCE WITH HGB OF EUR 114.3 MILLION
(PREVIOUS YEAR: EUR 112.7 MILLION) IN THE FIRST HALF OF 2021
    * H1 ADJUSTED EBITDA ACCORDING TO IFRS) DECREASED IN THE
SAME
PERIOD TO EUR 5.9 MILLION (PREVIOUS YEAR: EUR 7.4 MILLION)
    * H1 EARNINGS BEFORE TAXES ACCORDING TO THE GERMAN
COMMERCIAL CODE
(HGB) AS OF JUNE 30, 2021 WERE REDUCED TO EUR -0.4 MILLION
(PREVIOUS YEAR EUR 0.1 MILLION)
    * FOR 2021, NOW EXPECTS SALES REVENUES AT THE PREVIOUS
YEAR'S
LEVEL AS WELL AS ADJUSTED EBITDA AND EARNINGS BEFORE TAXES
SLIGHTLY BELOW THE PREVIOUS YEAR

Source text for Eikon:  ID:nPexBNgMMa 
Further company coverage:  WUGG.F 

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