Brief: STS FY EBITDA Down At EUR 14.7 Mln

STS AG

07/04/2021 06:33

April 7 (Reuters) - STS GROUP AG  SF3.DE :
    * EMERGES STRONGER FROM 2020 AND PUBLISHES POSITIVE OUTLOOK
FOR
THE 2021 FINANCIAL YEAR
    * OUTLOOK 2021: ORGANIC REVENUE GROWTH IN SCALE OF 10% AND
ADJUSTED EBITDA MARGIN IN HIGH SINGLE-DIGIT PERCENTAGE RANGE
    * FY REVENUE FROM CONTINUING OPERATIONS DOWN 6.2% TO 235.0
MEUR
(2019: 250.7 MEUR) AND IMPROVED ADJUSTED EBITDA MARGIN OF 7.5%
(2019: 7.1%)
    * CONSOLIDATED REVENUE FELL BY 15.6 MEUR FROM 250.7 MEUR IN
2019
TO 235.0 MEUR IN 2020
    * FY (EBITDA) FOR GROUP IN REPORTING YEAR WAS 14.7 MEUR AND
THUS
BELOW LEVEL OF PREVIOUS YEAR (2019: 15.3 MEUR)
    * ADJUSTED EBITDA IN 2020 REPORTING YEAR AT 17.7 MEUR WAS
ALMOST
AT SAME LEVEL AS PREVIOUS YEAR (2019: 17.9 MEUR)

Source text for Eikon:  ID:nEQKJD7Na 
Further company coverage:  SF3.DE 

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