March 10, 2020 / 7:53 AM / a month ago

BRIEF-Porr AG Sees 2020 Output At Previous Year's Level

March 10 (Reuters) - Porr AG:

* GUIDANCE FOR EARNINGS AND DIVIDENDS CONFIRMED

* TO PROPOSE A DIVIDEND OF EUR 0.40 PER SHARE TO ANNUAL GENERAL MEETING

* SEES EBT MARGIN 2020: 1.3% - 1.5%

* IN FOLLOWING YEARS, EXECUTIVE BOARD EXPECTS AN EBT MARGIN IN TARGET RANGE OF 2.0% TO 3.0%

* FY ORDER BACKLOG AT RECORD LEVEL OF OVER EUR 7 BN

* 2019 PRODUCTION OUTPUT OF AROUND EUR 5.6 BN AGAIN REACHED RECORD LEVEL OF PREVIOUS YEAR

* FY ORDER INTAKE DECREASED BY 12.5% TO EUR 5,536M Source text - bit.ly/38Gun5U Further company coverage: (Gdansk Newsroom)

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