KSB SE & Co. KGaA: Adjustment of sales and earnings foreast 2020
DGAP-Ad-hoc: KSB SE & Co. KGaA / Key word(s): Change in Forecast KSB SE & Co. KGaA updates outlook for 2020 financial year The Managing Directors are expecting the financial figures for the 2020 financial year for the KSB Group to be in the following ranges: Order intake: € 2,150 m. - € 2,200 m. (2019: € 2,454 m.) Ranges are provided because the COVID-19 pandemic is currently spreading more strongly again, and the impact of the associated contact and travel restrictions on the KSB Group's business operations continues to give rise to major uncertainties. In this context, the new forecast is also assuming that no serious official restrictions will be imposed in the current year. This forecast does not include one-time expenses for impairments and structural measures. Contact: Dr. Matthias Schmitz Member of the Executive Board
15-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | KSB SE & Co. KGaA |
Johann-Klein-Strasse 9 | |
67227 Frankenthal | |
Germany | |
Phone: | +49 6233 86-2020 |
Fax: | +49 6233 86-3435 |
Internet: | www.ksb.com |
ISIN: | DE0006292030 |
WKN: | 629203 |
Listed: | Regulated Market in Dusseldorf, Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1155341 |
End of Announcement | DGAP News Service |
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1155341 15-Dec-2020 CET/CEST