May 6, 2020 / 5:16 AM / 20 days ago

BRIEF-Schmolz & Bickenbach Q1 Adjusted EBITDA Down At EUR -6.1 Mln

May 6 (Reuters) - SCHMOLZ+BICKENBACH AG:

* Q1 ADJUSTED EBITDA OF EUR -6.1 MILLION COMES IN CONSIDERABLY BELOW EUR 42.2 MILLION RECORDED IN SAME QUARTER OF PREVIOUS YEAR

* OUTLOOK FOR 2020: DUE TO COVID-19 NO RELIABLE ESTIMATE FOR ADJUSTED EBITDA POSSIBLE

* Q1 REVENUE DECLINED BY 20.3 % FROM EUR 884 MILLION TO EUR 705 MILLION Source text: bit.ly/2W8KCFQ Further company coverage: (Gdansk Newsroom)

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