Brief: Masterflex FY Operating EBIT Down At EUR 5.1 Million

Masterflex SE

06/03/2020 08:32

March 6 (Reuters) - MASTERFLEX SE  MZXG.DE :
    * GROWS BY 3.5% TO EUR 80.0 MILLION REVENUES IN 2019
ACCORDING TO
PRELIMINARY FIGURES
    * FY OPERATING EBIT MARGIN REACHED 6.3% (PREVIOUS YEAR:
8.1%)
    * FY OPERATING EBIT GENERATED IN 2019 AMOUNTED TO EUR 5.1
MILLION,
COMPARED WITH EUR 6.3 MILLION IN PREVIOUS YEAR
    * REVENUES OF EUR 80.0 MILLION IN 2019. THIS REPRESENTS AN
INCREASE OF 3.5% ON PREVIOUS YEAR'S REVENUES OF EUR 77.2 MILLION
    * WE WERE ABLE TO GENERATE REVENUE GROWTH IN 2019 AND AIM TO
ACHIEVE THIS AGAIN IN 2020, BUT ECONOMIC UNCERTAINTIES AND
CORONAVIRUS MAKE FORECASTS DIFFICULT

Source text for Eikon:  ID:nEQ1gsv6va 
Further company coverage:  MZXG.DE 

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