Edition:
United Kingdom

Sinnerschrader Says Forecast Target For FY 2018/2019 Will Not Be Reached


Wednesday, 17 Jul 2019 

July 17 (Reuters) - SinnerSchrader AG ::9-MONTH SALES OF EUR 49.3 MILLION.9-MONTH EBITA AT JUST OVER EUR 4.2 MILLION VERSUS 2.8 MILLION EUROS YEAR AGO.9-MONTH CONSOLIDATED EARNINGS UP BY ABOUT 53% AT 2.9 MILLION EUROS.SAYS BUSINESS MOMENTUM DETERIORATED NOTICEABLY IN THE THIRD QUARTER OF 2018/2019.SEES FOR FOURTH QUARTER ALSO SUBDUED SALES MOMENTUM.SAYS FORECAST TARGET FOR THE ENTIRE FINANCIAL YEAR 2018/2019 WILL NO LONGER BE REACHED.STILL SEES TO BE ABLE TO SIGNIFICANTLY INCREASE SALES VERSUS PREVIOUS YEAR AS WELL AS EBITA AND NET INCOME. 

Company Quote

13.5
0.0 +0.00%
30 Jul 2019