February 27, 2020 / 7:36 AM / in a month

BRIEF-2G Energy FY Net Sales Up At About EUR 236 Million

Feb 27 (Reuters) - 2G ENERGY AG:

* NET SALES GROW TO AROUND EUR 236 MILLION IN FY 2019

* REPORTS FY NET SALES INCREASE OF MORE THAN 12 % TO EUR 236 MILLION (PREVIOUS YEAR: EUR 209.8 MILLION)

* SPECIFIES REVENUE EXPECTATIONS FOR 2020 AT EUR 235 MILLION TO EUR 250 MILLION

* FY EBIT MARGIN EXPECTED IN UPPER HALF OF EARNINGS FORECAST (5.5 % TO 7.0 %)

* DOES NOT FEAR ANY NEGATIVE EFFECTS OF CORONA CRISIS IN ASIA, AS JAPAN ONLY COUNTRY WITH SUBSTANTIAL NEW ORDERS RECEIVED IN 2019 Source text for Eikon: Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below