Brief: Phoenix Mecano 9-month net sales up at 430.5 mln euros

Phoenix Mecano AG

26/10/2016 06:00

Oct 26 (Reuters) - Phoenix Mecano AG  PM.S : 
    * Cumulative consolidated gross sales as at September 2016 
rose by 3.2% from 421.0 million euros to 434.5 million euros  
($473.00 million) 
    * 9-month net sales totalled 430.5 million euros(previous 
year: 417.0 million euros) 
    * 9-month result of period after taxes was 19.2 million 
euros, up 9.1% on previous year (17.6 million euros) 
    * 9-month incoming orders rose by 0.6% from 430.0 million 
euros to 432.6 million euros, corresponding to a book-to-bill 
ratio of 99.6% 
    * Management and board of directors of Phoenix Mecano group 
expect operating result for year as a whole to be at lower end 
of 34-40 million euros range indicated at start of year 
 
Source text for Eikon:  ID:nTENhs7uia  
Further company coverage:  PM.S  
 
($1 = 0.9186 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 722 0920;))