Brief: Phoenix Mecano H1 Operating Result At EUR 6.4 Mln

Phoenix Mecano AG

11/08/2020 06:09

Aug 11 (Reuters) - PHOENIX MECANO AG  PM.S :
    * H1 CONSOLIDATED GROSS SALES FELL BY 7.6% IN FIRST HALF OF
2020,
FROM EUR 326.8 MILLION TO EUR 302.1 MILLION.
    * H1 NET SALES TOTALLED EUR 299.5 MILLION (PREVIOUS YEAR EUR
323.9
MILLION).
    * H1 OPERATING RESULT WAS DOWN BY 61.5% FROM EUR 16.6
MILLION TO
EUR 6.4 MILLION,
    * H1 RESULT OF PERIOD AFTER TAXES WAS EUR 1.2 MILLION, DOWN
89.5%
ON PREVIOUS YEAR (EUR 11.6 MILLION).
    * OUTLOOK 2020: PHOENIX MECANO EXPECTS ECONOMIC SITUATION TO
REMAIN CHALLENGING IN SECOND HALF OF YEAR

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

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