SPORTTOTAL AG
SPORTTOTAL AG: Budget for 2019 sees sales growing to EUR 60 to 70 million and EBIT from EUR -4 to +0.5 million
SPORTTOTAL AG / Key word(s): Preliminary Results/Forecast SPORTTOTAL: Budget for 2019 sees sales growing to EUR 60 to 70 million and EBIT from EUR -4 to +0.5 million Cologne, 14 February 2019 SPORTTOTAL AG is budgeting sales growth of at least EUR 22.4 m to of EUR 60 to 70 m in the 2019 financial year and EBIT in a range between EUR -4 to +0.5 m. The Management Board of SPORTTOTAL AG passed this budget today. For the 2018 financial year, the company is reporting provisional sales of EUR 37.6 m (forecast dated 21 June 2018: EUR 42 to 56 m) and provisional EBIT of EUR -8.0 m (forecast: EUR -3 to -8.2 m). It should be borne in mind here that the work already completed in the 2018 financial year on a major infrastructure project with a volume in the mid-single digit million euro range will not be reflected in sales and earnings until the 2019 financial year.
14-Feb-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | SPORTTOTAL AG |
Am Coloneum 2 | |
50829 Köln | |
Germany | |
Phone: | +49 (0)221 7 88 77 0 |
Fax: | +49 (0)221 7 88 77 199 |
E-mail: | info@sporttotal.com |
Internet: | www.sporttotal.com |
ISIN: | DE000A1EMG56 |
WKN: | A1EMG5 |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange |
End of Announcement | DGAP News Service |