April 23, 2020 / 7:01 AM / a month ago

BRIEF-Frauenthal FY Adjusted Earnings After Taxes Down At EUR 10.8 Million

April 23 (Reuters) - FRAUENTHAL HOLDING AG:

* SAYS ON WEDNESDAY FY REVENUE DOWN BY 0.3% AT EUR 951.2 MLN

* PROPOSES DIVIDEND OF EUR 0.30 PER SHARE

* OUTLOOK 2020: DUE TO COVID-19 PANDEMIC ASSESSMENT OF BUSINESS DEVELOPMENT FOR 2020 CANNOT BE ESTIMATED AT PRESENT

* OUTLOOK 2020: EXPECTS SALES AND EARNINGS TO DECLINE

* OUTLOOK 2021: SEES A RELATIVELY RAPID RECOVERY IN THE COURSE OF 2021

Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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