MTS Systems Corp.

NASDAQ:MTSC  
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Other Pre-Announcement

Russia's MTS says Q3 revenue up nearly 5% y/y

Published: 11/17/2020 12:02 GMT
MTS Systems Corp (MTSC) - Its Revenue Grew by 4.9% in Year-on-year Terms in the Third Quarter to 129 Billion Roubles ($1.69 Billion); .
Its Q3 Net Profit Was Up 2.3% Year-on-year to 18.8 Billion Roubles;.
Its Adjusted Operating Income Before Depreciation and Amortisation (oibda) in Q3 Rose 3.3% in Year-on-year Terms to 58.5 Billion Roubles;.
Its Oibda Margin Stood at 45.4% in Q3, Down From 46.1% a Year Ago;.
It Raised Its 2020 Revenue Forecast to Growth of More Than 3%;.
It Raised Its 2020 Adjusted Oibda to Growth of Up to 2%;.
Free Cash Flow at 54.2 Billion Roubles at the End of the Third Quarter.
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Further Company Coverage: Mtss.
Mm.
($1 = 76.5430 Roubles).
(reporting by Moscow Newsroom).
((moscow.
Newsroom@thomsonreuters.
Com)).