DATA MODUL Aktiengesellschaft, Produktion und Vertrieb von elektronischen Systemen Reports Earnings Results for the Third Quarter of 2019; Revises Earnings Guidance for the Fiscal Year 2019
For the fiscal year 2019, the company expects sales: decline by 7% to 16% in comparison to EUR 241.4 million achieved in the fiscal year 2018 (previously forecasted: growth by 3% to 19%), EBIT: decline by 33% to 57% in comparison to EUR 20.8 million achieved in the fiscal year 2018 (previously forecasted: growth by 1% to 20%), net income: decline by 34% to 58% in comparison to EUR 14.3 million achieved in the fiscal year 2018 (previously forecasted: growth by 3% to 20%).