RIB SOFTWARE AG (FRA:RSTA) RIB Software SE: RIB Software SE issues its guidance for 2020

Directive transparence : information réglementée

25/06/2020 17:37

DGAP-Ad-hoc: RIB Software SE / Key word(s): Forecast/Incoming Orders
RIB Software SE: RIB Software SE issues its guidance for 2020

25-Jun-2020 / 17:37 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
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25 June 2020

RIB Software SE issues its guidance for 2020

Stuttgart, Germany, 25 June 2020 - Today, RIB Software SE ("Company") signed a major iTWO 4.0 Phase III contract with "Die Autobahn GmbH des Bundes" with a volume of approximately EUR 15 million over the next 4 years, of which approximately EUR 8.7 million will be realised as NRR in the second quarter of 2020. This contract had already been announced in the company's ad hoc announcement of 31 January 2020. On this basis, and taking into account the further probable consequences of the COVID 19 pandemic, provided that these do not intensify in the course of the year, the company issues a guidance for the 2020 financial year of the RIB Group, according to which the company now plans to generate revenues between EUR 240 m and EUR 270 m and an operating EBITDA between EUR 55 m and EUR 75 m.

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Language: English
Company: RIB Software SE
Vaihinger Str. 151
70567 Stuttgart
Phone: +49 (0)711-7873-0
Fax: +49 (0)711-7873-311
E-mail: info@rib-software.com
Internet: www.rib-software.com
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1079425

End of Announcement DGAP News Service

1079425  25-Jun-2020 CET/CEST