Brief: ZEAL Network Q3 EBIT Down At EUR 12.9 Million

ZEAL Network SE

13/11/2019 06:39

Nov 13 (Reuters) - ZEAL Network SE  TIMAn.DE :
    * DGAP-NEWS: ZEAL ON TRACK ALSO IN THE THIRD QUARTER 2019
    * REVENUE OF EUR 93.2 MILLION (2018: EUR 111.2 MILLION) AND
TOTAL
OPERATING PERFORMANCE (TOP) OF EUR 101.2 MILLION (2018: EUR
114.1 MILLION) ENDED UP BELOW RESPECTIVE PRIOR-YEAR FIGURES
    * WE WILL NO LONGER PAY INTERIM DIVIDENDS
    * CONTINUES TO EXPECT TOTAL REVENUE FOR 2019 FINANCIAL YEAR
TO BE
SIGNIFICANTLY LOWER THAN IN PREVIOUS YEAR
    * EXPECTS FURTHER NEGATIVE EFFECTS ON REVENUE AND
PROFITABILITY
FOR Q4 OF 2019
    * AT EUR 12.9 MILLION, Q3 EBIT WAS SIGNIFICANTLY LOWER THAN
IN
PREVIOUS YEAR (2018: EUR 0.9 MILLION)
    * Q3 EBITDA OF ZEAL GROUP AT EUR 28.3 MILLION WAS ONLY
SLIGHTLY
BELOW PREVIOUS YEAR (2018: EUR 30.0 MILLION)

Source text for Eikon:  ID:nEQ7cgppba 
Further company coverage:  TIMAn.DE 

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