Brief: STS Group 9-month EBITDA Up 29.4% To EUR 13.2 Million

STS AG

06/11/2019 06:40

Nov 6 (Reuters) - STS Group AG  SF3.DE :
    * DGAP-NEWS: STS GROUP AG PUBLISHES FIGURES FOR THE FIRST
NINE
MONTHS - OUTLOOK FOR 2019 CONFIRMED - TREND IN THIRD QUARTER IN
LINE WITH MANAGEMENT EXPECTATIONS
    * OUTLOOK CONFIRMED: REVENUE AND PROFIT MARGIN WILL LIE IN
LOWER
RANGE OF COMMUNICATED BANDWIDTH
    * REDUCTION IN REVENUES TO 276.3 MEUR IN NINE MONTHS PERIOD
(9M/2018: 309.2 MEUR).
    * 9-MONTH EBITDA INCREASES BY 29.4% TO 13.2 MEUR COMPARED TO
PREVIOUS YEAR (9M/2018: 10.2 MEUR);
    * REVENUES OF 276.3 MEUR IN PERIOD FROM JANUARY 1 TO
SEPTEMBER 30,
2019, COMPARED WITH 309.2 MEUR (-10.6%) IN SAME PERIOD OF
PREVIOUS YEAR.

Source text for Eikon:  ID:nEQ9wbyBla 
Further company coverage:  SF3.DE 

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