Brief: MAX Automation Q1 Group Sales Down At EUR 80.2 Mln

MAX Automation SE

13/05/2020 06:38

May 13 (Reuters) - MAX AUTOMATION SE  MXHNn.DE :
    * OUTLOOK 2020: NO LONGER EXPECTS TO ACHIEVE SALES AT GROUP
LEVEL
OF BETWEEN MEUR 380 AND 410 
    * OUTLOOK 2020: NO LONGER EXPECTS AN EBITDA BETWEEN MEUR 16
AND 20
AS WAS ORIGINALLY FORECAST 
    * Q1 GROUP SALES DECREASED TO MEUR 80.2 (-8.1%) COMPARED TO
Q1
2019
    * Q1 GROUP EBITDA AT MEUR 0.6 (+228.5%)
    * OUTLOOK 2020: DETAILED FORECAST FOR 2020 STILL NOT
POSSIBLE DUE
TO COVID-19 PANDEMIC
    * Q1 ORDER BACKLOG OF GROUP AS OF END OF MARCH AMOUNTED TO
MEUR
194.6 (31 MARCH 2019: MEUR 265.3)

Source text for Eikon:  ID:nEQ9Lr1nka 
Further company coverage:  MXHNn.DE 

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