Brief: Mentice Reports Q4 Preliminary Net Sales Of 60 MSEK And Order Intake Figures Of 54 MSEK

Mentice AB

07/01/2020 22:01

Jan 7 (Reuters) - Mentice AB  MNTC.ST :
    * MENTICE PUBLISHES PRELIMINARY NET SALES AND ORDER INTAKE
FIGURES
FOR JANUARY-DECEMBER 2019
    * PRELIMINARY ORDER INTAKE FOR Q4 AMOUNTED TO 54 (62) MSEK,
120%
OVER PRIOR QUARTER ORDER INTAKE, AMOUNTING TO 40% OF FULL YEAR
ORDERS
    * MENTICE - BASED ON PRELIM Q4 FIGURES CO EXPECT FY 2019 TO
END
4-5% BELOW 2018 IN NET SALES, 20% BELOW LAST YEAR IN ORDER
INTAKE
    * PRELIMINARY NET SALES AMOUNTED TO 60 MSEK IN Q4
    * BASED ON ASSESSMENT OF CURRENT SITUATION OF MEDICAL DEVICE
SYSTEMS SEGMENT, CO NOW IMPLEMENTING CORRECTIVE ACTIONS
    * WITH IMMEDIATE EFFECT CEO WILL ASSUME DIRECT
RESPONSIBILITY FOR
GLOBAL SALES
    * MATAR DAKHIL, PREVIOUSLY HEAD OF GLOBAL SALES, WILL NARROW
HIS
FOCUS TO MEDICAL DEVICE MANUFACTURER'S

Source text for Eikon:  ID:nWkr9vplN1 
Further company coverage:  MNTC.ST 

 ((Reuters.Briefs@thomsonreuters.com;))