Brief: STS Group Q2 Adj. EBITDA At EUR 5.8 Mln

STS AG

02/08/2019 17:09

Aug 2 (Reuters) - STS GROUP AG  SF3.DE :
    * ADJUSTED REVENUES AND EARNINGS EXPECTATIONS FOR 2019 /
INCREASE
IN REVENUES AND EARNINGS IN Q2 2019 COMPARED TO Q1 2019
    * OUTLOOK 2019: MANAGEMENT EXPECTS A DECLINE IN REVENUES OF
BETWEEN 4.5-9.5% (ORIGINAL GUIDANCE: REVENUES AT PRIOR YEAR'S
LEVEL OF AROUND 400 MEUR)
    * OUTLOOK 2019: ADJUSTED EBITDA MARGIN BETWEEN 4.6 AND 5.3%
(ORIGINAL GUIDANCE: EBITDA-MARGIN OF AROUND 5.9%)
    * REVENUES OF 98.3 MEUR IN Q2 OF 2019
    * Q2 ADJUSTED EBITDA AMOUNTED TO 5.8 MEUR, COMPARED TO 4.3
MEUR IN
Q1
    * ADJUSTMENT OUTLOOK 2019 DUE TO CONTINUED CHALLENGING
MARKET
ENVIRONMENT IN EUROPE AND CHINA IN SECOND HALF OF 2019

Source text for Eikon:  ID:nEQ7Tr4dCa 
Further company coverage:  SF3.DE 

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