Masterflex SE Provides Revenue Guidance for the Second Quarter and Earnings Guidance for Full Year 2020
June 23, 2020 at 12:48 pm
Masterflex SE provided revenue guidance for the second quarter and earnings guidance for full year 2020. In an isolated analysis of the months April to June, the company expects a year-on-year decline in revenues of up to 20%.
Based on this premise, the company expects a decline in revenue of between 10% and 15% for the year 2020. Accordingly, EBIT will be between EUR 2.5 million and EUR 1.0 million at Group level.