DGAP-Ad-hoc: 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.
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|End of Announcement||DGAP News Service|
776283 14-Feb-2019 CET/CEST