Brief: Phoenix Mecano FY gross sales slightly up from EUR 500.6 mln to EUR 505.6 mln

Phoenix Mecano AG

13/02/2015 06:00

Feb 13 (Reuters) - Phoenix Mecano AG  PM.S : 
    * FY provisional consolidated gross sales rose slightly from 
500.6 million euros to 505.6 million euros ($578 million) (+1 
percent) and unaudited net sales from 495.4 million euros to 
500.3 million euros 
    * FY provisional operating result (EBIT) decreased by around 
16 percent to 29.5 million euros, compared with 35 million euros 
previous year 
    * Appreciation of Swiss franc in early 2015 to affect 
Phoenix Mecano in Switzerland but have only a limited impact on 
group as a whole 
    * Anticipates a negative impact on group's financial result 
for Q1 2015 in low single-digit million range, which will not 
affect group's cash position and euro denominated equity 
    * FY provisional operating cash flow (EBITDA) fell slightly 
to around 53 million euros, compared with 56.2 million euros 
previous year 
 
Source text for Eikon:  ID:nTENpae0ma  
Further company coverage:  PM.S  
 
($1 = 0.8744 euros) 
 
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