Brief: Manz FY EBIT At EUR 7.2 Mln

Manz AG

09/03/2021 06:35

March 9 (Reuters) - MANZ AG  M5ZG.DE :
    * ACHIEVES CLEARLY POSITIVE RESULT IN 2020 IN DIFFICULT
MARKET
ENVIRONMENT
    * FY EBITDA INCREASED BY 10 MILLION EUROS YEAR-ON-YEAR TO
19.4
MILLION EUROS; EBITDA MARGIN AT 8.0 %
    * FY SALES OF 237 MILLION EUROS BELOW PREVIOUS YEAR IN
COURSE OF
GLOBAL COVID-19 PANDEMIC, AS EXPECTED
    * FY EBIT GROWTH OF AROUND 15 MILLION EUROS RESULTS IN
CLEARLY
POSITIVE EBIT OF 7.2 MILLION EUROS
    * POSITIVE OUTLOOK FOR 2021 THANKS TO CONTINUED MOMENTUM IN
E-MOBILITY MARKET AND AN ORDER BACKLOG OF OVER 200 MILLION EUROS

Source text for Eikon:  ID:nEQ1DSjH6a 
Further company coverage:  M5ZG.DE 

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