February 6, 2020 / 7:05 AM / 17 days ago

BRIEF-Washtec FY Revenue Stable At EUR 436.5 Million

Feb 6 (Reuters) - WASHTEC AG:

* FY REVENUE OF EUR 436.5M STABLE AT PRIOR YEAR'S LEVEL (PRIOR YEAR: EUR 435.4M)

* ORDER BACKLOG AT END OF 2019 WAS ABOVE PRIOR YEAR

* FY EARNINGS BEFORE INTEREST AND TAXES (EBIT) BEFORE EXTRAORDINARY EXPENSES EUR 38.2M

* RECORD FOURTH-QUARTER REVENUE RESULTED IN LARGE INCREASE IN TRADE RECEIVABLES, THIS WILL RETURN TO NORMAL IN Q1 OF 2020 Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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