May 7, 2020 / 6:37 AM / a month ago

BRIEF-Softline Sees Earnings Decline In 2020

May 7 (Reuters) - SOFTLINE AG:

* FY SALES INCREASE AGAIN SIGNIFICANTLY TO EUR 29.9 MILLION

* SEES EARNINGS DECLINE IN 2020 DUE TO HIGH GROWTH INVESTMENTS

* FY RESULT AT THE EBITDA LEVEL IS APPROXIMATELY THE PREVIOUS YEAR'S LEVEL AT AROUND EUR 1.2 MILLION

* OUTLOOK 2020: EBITDA OF EUR 0.6 - 0.8 MILLION, EBIT OF EUR 0.4 - 0.6 MILLION Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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