Brief: Phoenix Mecano H1 result up 4.7 pct at 14.3 million euros

Phoenix Mecano AG

15/08/2017 06:00

Aug 15 (Reuters) - PHOENIX MECANO AG  PM.S : 
    * GROSS SALES ROSE BY 10.1% IN FIRST HALF OF 2017, FROM EUR 
292.4 MILLION TO EUR 322.0 MILLION 
    * H1 NET SALES TOTALLED EUR 319.0 MILLION (PREVIOUS YEAR: 
EUR 289.7 MILLION) 
    * H1 RESULT OF PERIOD AFTER TAXES WAS EUR 14.3 MILLION, UP 
4.7% ON PREVIOUS YEAR (EUR 13.7 MILLION) 
    * EXPECT FURTHER SALES PROGRESS FOR GROUP AS A WHOLE IN 
SECOND HALF OF 2017 
    * STILL EXPECTS AN OPERATING RESULT IN TARGET RANGE OF EUR 
36-40 MILLION IN 2017 
 
Source text for Eikon:  ID:nTENz7k7qa  
Further company coverage:  PM.S  
 
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