Brief: Phoenix Mecano H1 Result After Taxes Down At 11.6 Million Francs

Phoenix Mecano AG

15/08/2019 06:09

Aug 15 (Reuters) - PHOENIX MECANO AG  PM.S :
    * CONSOLIDATED GROSS SALES FELL BY 3.7% IN FIRST HALF OF
2019,
FROM EUR 339.3 MILLION TO EUR 326.8 MILLION
    * H1 NET SALES TOTALLED EUR 323.9 MILLION (PREVIOUS YEAR:
EUR
336.4 MILLION)
    * H1 INCOMING ORDERS DECREASED BY 6.8% FROM EUR 349.9
MILLION TO
EUR 326.3 MILLION
    * H1 RESULT OF PERIOD AFTER TAXES WAS EUR 11.6 MILLION, DOWN
43.6%
ON PREVIOUS YEAR (EUR 20.5 MILLION).
    * EXPECT FULL-YEAR OPERATING RESULT FOR 2019 TO BE BELOW
THAT OF
PREVIOUS YEAR, IN RANGE OF EUR 33-40 MILLION

Source text for Eikon:  ID:nTENyr7lpa 
Further company coverage:  PM.S 

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