Brief: Masterflex Q1 EBIT down at 1.7 mln euros
11/05/2015 07:15
May 11 (Reuters) - Masterflex AG MZXG.DE :
* Q1 EBIT of 1.7 million euros ($1.90 million)(previous
year: 2.1 million euros)
* Q1 EBIT margin remained in double-digit figures as
expected at 10.0 pct
* Q1 consolidated revenue 16.762 million euros versus 15.988
million euros year ago
* Q1 consolidated net income 923 thousand euros versus 1.136
million euros year ago
* CEO - chief reason for somewhat weaker than expected
operating earnings was staff costs
* Confident that will compensate for this increase in course
of year with correspondingly higher revenue and thus be able to
fulfil our earnings forecast for 2015
Source text for Eikon: ID:nPexbPhDVk
Further company coverage: MZXG.DE
($1 = 0.8961 euros)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))