Brief: Phoenix Mecano FY EBIT down at 15 mln euros

Phoenix Mecano AG

18/02/2016 06:00

Feb 18 (Reuters) - Phoenix Mecano AG  PM.S : 
    * Provisional consolidated gross sales increased 
significantly from 505.6 million euros to 559.8 million euros 
($623.79 million) in FY 
    * FY provisional operating cash flow (EBITDA) fell slightly 
from 53.1 million euros to around 52 million euros 
    * FY unaudited operating result (EBIT) was approximately 15 
million euros (previous year: 29.5 million euros) 
    * Anticipates an operating result for 2016 in region of 
34-40 million euros 
    * FY unaudited net sales rose from 500.3 million euros to 
554.5 million euros (+10.8 pct) 
 
Source text for Eikon:  ID:nTENi7hfwa  
Further company coverage:  PM.S  
 
($1 = 0.8974 euros) 
 
 (Gdynia Newsroom) 
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