Ahlers H1 revenues drop, expects to return to profit in 2020

Ahlers Ag has announced that sales revenues in the first six months of the fiscal year 2018/19 declined by 5 percent or 5.5 million euros to 105.3 million euros (118.7 million dollars). However, the company’s management board continues to expect consolidated earnings to grow at a high double-digit percentage rate but still be negative in 2018/19, which will be a year of transformation. The company aims to return to profit in 2020 when all measures initiated will take effect.