Brief: Phoenix Mecano FY Operating Result Down At EUR 23 Million

Phoenix Mecano AG

18/02/2020 06:08

Feb 18 (Reuters) - PHOENIX MECANO AG  PM.S :
    * FY CONSOLIDATED GROSS SALES INCREASED FROM EUR 650.8
MILLION TO
EUR 680.0 MILLION (UP 4.5%)
    * FY UNAUDITED NET SALES GREW FROM EUR 645.0 MILLION TO EUR
674.0
MILLION (UP 4.5%)
    * FY INCOMING ORDERS ROSE FROM EUR 659.4 MILLION TO EUR
691.6
MILLION (UP 4.9%)
    * MANAGEMENT AND BOARD OF DIRECTORS WILL THEREFORE REFRAIN
FROM
MAKING SPECIFIC PREDICTIONS ABOUT OUTLOOK FOR 2020 UNTIL A LATER
DATE
    * 2019 OPERATING RESULT INCLUDING ONE-OFF ITEMS WAS DOWN BY
55%
FROM EUR 51.3 MILLION TO AROUND EUR 23 MILLION

Source text for Eikon:  ID:nTEN0aazia 
Further company coverage:  PM.S 

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