Brief: Max Automation 9-Month Net Loss At EUR -11.9 Mln

MAX Automation SE

14/11/2018 07:50

Nov 14 (Reuters) - MAX AUTOMATION SE  MXHNn.DE :
    * RECORDS GOOD ORDER DEVELOPMENT IN ITS CORE BUSINESSES IN
THE
FIRST NINE MONTHS OF 2018
    * 9-MONTH INCOMING ORDERS FROM CONTINUING OPERATIONS
AMOUNTED TO
EUR 249.6 MILLION, AN INCREASE OF 45.0%
    * 9-MONTH SALES REVENUE FROM CONTINUING OPERATIONS ROSE BY
6.2% TO
EUR 198.0 MILLION (Q1 - Q3 2017: EUR 186.3 MILLION)
    * AT EUR 177.2 MILLION ORDER BACKLOG FROM CONTINUING
OPERATIONS AS
OF SEPTEMBER 30, 2018, +71.0%
    * CONFIRMS FORECAST FROM SEPTEMBER 25 FOR FULL YEAR 2018
    * EBIT AND PURCHASE PRICE ALLOCATION AMORTIZATION FOR
CONTINUING
OPERATIONS AT EUR 12.0 MILLION (PY: EUR 13.5 MILLION)
    * 9-MONTH NET LOSS OF EUR -11.9 MILLION FOR PERIOD (Q1 - Q3
2017:
EUR 8.6 MILLION)

Source text for Eikon:  ID:nEQ5lvgcza 
Further company coverage:  MXHNn.DE 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))