Plus   Neg

Diebold Nixdorf Affirms FY20 Outlook - Quick Facts

While reporting its financial results for the fourth quarter on Tuesday, Diebold Nixdorf, Inc. (DBD) affirmed its financial outlook for fiscal 2020.

For fiscal 2020, Diebold Nixdorf continues to project revenues in a range of $4.2 billion to $4.3 billion and adjusted EBITDA in a range of $430 million to $470 million.

On average, analysts polled by Thomson Reuters expect the company to report revenues of $4.27 billion for the year. Analysts' estimates typically exclude special items.

"Off the back of strong execution of our DN Now program and solid momentum entering 2020, we are increasing our savings target from $400 million to $440 million through 2021," said Gerrard Schmid, Diebold Nixdorf president and chief executive officer.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Latam Airlines Group SA, one of the largest air carrier in South America, has filed for bankruptcy protection in New York amid the ongoing Covid-19 pandemic, which has grounded flights worldwide. This Chapter 11 filing allows Latam to work with its creditors and other stakeholders to reduce its debt,... Pizza Hut said it is giving away 500,000 free pizzas to 2020 graduates in the Unites States. The pizza chain, owned by Yum! Brands, offers one free medium 1-topping pizza to all diploma/degree earning individuals until supplies last. The company is partnering with America's dairy farmers for the offer, which can be claimed until Thursday and redeemed until June 4. Merck & Co. Inc. on Tuesday announced deals, including an acquisition and two collaborations that will enable the U.S. drugmaker to join the race to develop coronavirus vaccines and drugs. Shares of Merck were rising almost 4 percent in the pre-market. Merck said it has agreed to acquire privately-held Themis, an Austria-based company focused on vaccines and immune-modulation therapies.
Follow RTT