May 7, 2020 / 4:18 PM / 21 days ago

BRIEF-Beta Systems Software Adjusts FY 2019/20 Forecast

May 7 (Reuters) - Beta Systems Software AG:

* BETA SYSTEMS SOFTWARE AG - ADJUSTMENT OF THE FORECAST FOR THE CURRENT FINANCIAL YEAR 2019/20

* BETA SYSTEMS SOFTWARE AG - RAISES UPPER VALUE OF PREVIOUSLY FORECAST FY RANGE FOR EBITDA FROM 12. 0 MILLION EUROS TO 14.0 MILLION EUROS

* BETA SYSTEMS SOFTWARE AG - RAISES ALSO UPPER VALUE FOR EBIT FROM EUR 10.0 MILLION TO EUR 12.0 MILLION FOR FY

* BETA SYSTEMS SOFTWARE AG - NOW SEES FY EBITDA IN RANGE OF EUR 9.0 MILLION AND EUR 14.0 MILLION (WITHOUT TAKING INTO ACCOUNT EFFECTS OF IFRS 16)

* BETA SYSTEMS SOFTWARE AG - NEW RANGE FOR EBIT IS BETWEEN EUR 7.0 AND 12.0 MILLION FOR FY

* BETA SYSTEMS SOFTWARE AG - FOR FY GROUP REVENUE STILL SEES VALUE BETWEEN EUR 67.0 MILLION AND EUR 74.0 MILLION Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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