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WashTec AG

WSUG.DE

Latest Trade

47.35EUR

Change

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Today's Range

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52 Week Range

41.95

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74.40

As of on the XETRA ∙ Minimum 15 minute delay

Latest Developments

Washtec Q3 EBIT Down At 20.3 Mln

Oct 25 (Reuters) - WashTec AG <WSUG.DE>::DGAP-NEWS: WASHTEC AG: EBIT MARGIN AT 10.1% IN THIRD QUARTER.Q3 EBIT 20.3 MILLION EUR VERSUS 33.2 MILLION EUR YEAR AGO.FOR 2019, WASHTEC IS AIMING FOR A STABLE REVENUE PERFORMANCE WITH AN EBIT MARGIN OF NOW AROUND 9% BEFORE EXTRAORDINARY EXPENSES.ORDER BACKLOG AS OF SEPTEMBER 30, 2019 LARGER THAN IN PRIOR YEAR.REVENUE AS OF SEPTEMBER 30, 2019 CAME TO EUR309.1M, 1.2% DOWN ON PRIOR YEAR (EUR312.7M).

Washtec Adjusts Guidance For 2019

Oct 24 (Reuters) - WASHTEC AG <WSUG.DE>::ADJUSTED GUIDANCE FOR 2019 - CONTINUED STABLE REVENUE PERFORMANCE WITH EBIT MARGIN OF NOW AROUND 9%.Q4 IS EXPECTED TO EXCEED PRIOR YEAR'S LEVEL, ALTHOUGH REVENUE GROWTH WILL BE LOWER THAN ASSUMED AT HALF-YEAR REPORTING.ANNOUNCED COST-REDUCTION MEASURES HAVE STARTED AND ARE SHOWING INITIAL EFFECTS.AIM IS TO CUT OTHER OPERATING EXPENSES AND TO REDUCE WASHTEC GROUP HEADCOUNT TO AROUND 1,820 IN LINE WITH 2017 STRUCTURES.THIS WILL CAUSE ADDITIONAL EXPENSES IN FULL YEAR.EBIT MARGIN OF AROUND 9 % DOES NOT INCLUDE ANY SUCH EXTRAORDINARY EXPENSES.

Washtec Q2 Net Income EUR 3.8 Million, Down 56%

July 26 (Reuters) - Washtec AG <WSUG.DE>::Q2 REVENUE OF EUR 106.7 MILLION VS EUR 108.6 MILLION YEAR AGO.EBIT DOWN IN Q2 FROM EUR 12.9 MILLION TO EUR 6.6 MILLION.Q2 NET INCOME EUR 3.8 MILLION VS EUR 8.7 MILLION YEAR AGO.SEES STABLE REVENUE AND SIGNIFICANT DECREASE IN EBIT.PLANS REDUCTION IN PERSONNEL EXPENSES FROM 2020; THESE ACTIVITIES MAY REQUIRE ONE-TIME ADDITIONAL EXPENDITURE IN 2019.

Washtec Announces Changes In Supervisory and Management Boards

July 11 (Reuters) - WashTec AG <WSUG.DE>::DGAP-ADHOC: WASHTEC AG: TEMPORARY APPOINTMENT OF THE CHAIRMAN OF THE SUPERVISORY BOARD DR. GÜNTER BLASCHKE AS CHAIRMAN OF THE MANAGEMENT BOARD AND ASSUMPTION OF THE CHAIRMANSHIP OF THE MANAGEMENT BOARD AS OF 1 JANUARY 2020 BY THE MEMBER OF THE MANAGEMENT.SUPERVISORY BOARD HAS RESOLVED ON JULY 11, 2019, EXPANSION OF COMPANY'S MANAGEMENT BOARD AND ESTABLISHED POSITION OF CHAIRMAN OR SPOKESMAN OF MANAGEMENT BOARD (CEO).DR. GÜNTER BLASCHKE, MEMBER AND CHAIRMAN OF SUPERVISORY BOARD OF WASHTEC AG, WAS APPOINTED FOR PERIOD FROM 15 JULY 2019 TO 31 DECEMBER 2019 IN ACCORDANCE WITH SECTION 105 (2) OF GERMAN STOCK CORPORATION ACT (AKTG) AS A MEMBER AND CHAIRMAN OF MANAGEMENT BOARD.SUPERVISORY BOARD HAS DECIDED TO APPOINT DR. RALF KOEPPE, MEMBER OF MANAGEMENT BOARD, AS CHAIRMAN OF MANAGEMENT BOARD EFFECTIVE AS OF JANUARY 1, 2020.DR. KOEPPE IS CHIEF TECHNICAL OFFICER (CTO) SINCE 1 JULY 2019 AND WILL CONTINUE TO HOLD THIS POSITION IN FUTURE.ULRICH BELLGARDT HAS BEEN ELECTED AS NEW CHAIRMAN OF SUPERVISORY BOARD FOR TERM OF DR. BLASCHKE'S APPOINTMENT AS CEO.

Washtec H1 EBIT Down At EUR 9.2 Mln, Adjusts 2019 Guidance

July 8 (Reuters) - WashTec AG <WSUG.DE>::SAID ON FRIDAY ANNOUNCED PRELIMINARY FIGURES FIRST HALF YEAR 2019 AND ADJUSTMENT OF GUIDANCE FOR THE FULL YEAR 2019'.H1 REVENUES OF MLN. EUR 199.1 (PRIOR YEAR: MLN. EUR 200.1)..H1 EBIT OF MLN. EUR 9.2 (PRIOR YEAR: MLN. EUR 18.3) AS OF JUNE 30TH, 2019..FOR 2019 AIMS AT A STABLE DEVELOPMENT IN REVENUES WITH AN EBIT RETURN OF AT LEAST 10%.DOES NO LONGER EXPECT THAT KEY ACCOUNT BUSINESS FOR THE FULL YEAR WILL INCREASE COMPARED TO 2018.

Washtec Q1 Pretax Profit Falls To 2.5 Mln Eur

April 29 (Reuters) - WashTec AG <WSUG.DE>::Q1 SALES 92.3 MILLION EUR.Q1 PRETAX PROFIT FALLS TO 2.5 MILLION EUR PARTLY DUE TO HIGHER STAFF COSTS.CONFIRMS EBIT SHOULD INCREASE SIGNIFICANTLY THIS YEAR.

WashTec To Propose Dividend Of EUR 2.45 Per Share For FY 2018

March 19 (Reuters) - WashTec AG <WSUG.DE>::TO PROPOSE DIVIDEND OF EUR 2.45 PER SHARE FOR FY 2018.AIMS FOR SIGNIFICANT REVENUE GROWTH FOR GROUP IN 2019, WITH SIGNIFICANT INCREASE IN EBIT.EXPECTS SLIGHT INCREASE IN FREE CASH FLOW FOR 2019.

Washtec: Changes In Management Board And Downsizing Of Board Of Management

Feb 27 (Reuters) - WASHTEC AG <WSUG.DE>::CHANGES IN THE MANAGEMENT BOARD OF WASHTEC AG AND DOWNSIZING OF THE BOARD OF MANAGEMENT.VOLKER ZIMMERMANN, CEO AND CTO OF WASHTEC AG, WILL LEAVE COMPANY BY MUTUAL CONSENT AS OF FEBRUARY 28, 2019.RALF KOEPPE WILL BE APPOINTED AS MEMBER OF BOARD OF MANAGEMENT AND CTO.APPOINTMENT EFFECTIVE AT LATEST BY JULY 1, 2019.

Washtec Preliminary Figures Fiscal Year 2018 Completed

Jan 29 (Reuters) - WashTec AG <WSUG.DE>::DGAP-NEWS: WASHTEC PRELIMINARY FIGURES: FISCAL YEAR 2018 COMPLETED WITH A STRONG LAST QUARTER:.FY EBIT 51.5 MILLION EUR VERSUS 52.2 MILLION EUR YEAR AGO.FY REVENUE 435.4 MILLION EUR VERSUS 425 MILLION EUR YEAR AGO.

Washtec Q3 EBIT Rose 17.3 PCt To EUR 14.9 Mln

Oct 26 (Reuters) - WashTec AG <WSUG.DE>::DGAP-NEWS: WASHTEC AG: POSITIVE REVENUE AND EARNINGS DEVELOPMENT IN THE THIRD QUARTER.Q3 EBIT ROSE 17.3 PERCENT TO 14.9 MILLION EUR.Q3 REVENUE 112.6 MILLION EUR.AIMS FOR FULL-YEAR REVENUE GROWTH OF UP TO THREE PERCENT WITH STABLE EBIT.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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