Brief: Phoenix Mecano H1 Result After Taxes At EUR 19.2 Mln

Phoenix Mecano AG

16/08/2018 06:07

Aug 16 (Reuters) - PHOENIX MECANO AG  PM.S :
    * CONSOLIDATED GROSS SALES ROSE BY 5.4% IN FIRST HALF OF
2018,
FROM EUR 322.0 MILLION TO EUR 339.3 MILLION
    * H1 NET SALES TOTALLED EUR 336.4 MILLION (PREVIOUS YEAR:
EUR
319.0 MILLION)
    * H1 INCOMING ORDERS ROSE BY 10.2% FROM EUR 317.4 MILLION TO
EUR
349.9 MILLION
    * H1 OPERATING RESULT INCREASED BY 34.5% FROM EUR 21.0
MILLION TO
EUR 28.3 MILLION
    * H1 RESULT OF PERIOD AFTER TAXES WAS EUR 19.2 MILLION, UP
34.1%
ON PREVIOUS YEAR
    * EXPECT GROUP AS A WHOLE TO ACHIEVE CONTINUED SALES GROWTH
IN
SECOND HALF OF 2018
    * SALES GROWTH IN SECOND HALF OF 2018 COULD BE LESS STRONG
THAN IN
H1
    * ANTICIPATES A 2018 OPERATING RESULT WITHIN TARGET RANGE OF
EUR
40-46 MILLION

Source text for Eikon:  ID:nTENfxxx3a 
Further company coverage:  PM.S 

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