CENTROTEC SE
Centrotec SE: increased revenue and operating result despite coronavirus pandemic; annual forecast for 2020 readily achievable
DGAP-News: Centrotec SE
/ Key word(s): Half Year Results
Brilon, August 13, 2020: CENTROTEC SE, Brilon, increased its revenue for the first six months of the 2020 financial year by 7.6% to EUR 322.3 million (previous year EUR 299.7 million), as pre-announced on July 17, 2020. Organic growth amounted to 6.6%. The figures saw the operating result (EBIT) more than double from EUR 8.1 million to EUR 16.7 million. However the sharply negative financial result for the first quarter kept earnings per share (EPS) flat at the prior-year level of EUR 0.43.
The pace of growth therefore slowed noticeably in the second quarter, in particular due to the coronavirus pandemic. In the second quarter, revenue reached EUR 156.0 million (previous year EUR 152.5 million). This represents growth of 2.3%. Organic growth came to merely 1.2%. The EBITDA operating result was nevertheless increased from EUR 4.0 million to EUR 7.7 million in the second quarter. CENTROTEC SE Contact person For further information, contact: CENTROTEC SE Studio Krause GmbH und Co. KG
13.08.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Centrotec SE |
Am Patbergschen Dorn 9 | |
59929 Brilon | |
Germany | |
Phone: | +49 (0)2961 96631-0 |
Fax: | +49 (0)2961 96631-100 |
E-mail: | ir@centrotec.de |
Internet: | www.centrotec.de |
ISIN: | DE0005407506 |
WKN: | 540750 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1117011 |
End of News | DGAP News Service |