Brief: Phoenix Mecano Q1 Operating Result Down At EUR 22.4 Mln

Phoenix Mecano AG

21/04/2021 06:14

April 21 (Reuters) - PHOENIX MECANO AG  PM.S :
    * PHOENIX MECANO FINANCIAL YEAR 2020: SALES AND CASH FLOW
MAINTAINED - DOUBLE-DIGIT SALES GROWTH IN MECHANICAL COMPONENTS
- RESULT IMPACTED BY ONE-OFF ITEMS - UPTURN IN INCOMING ORDERS
AT END OF YEAR
    * Q1 DOUBLE-DIGIT GROWTH IN SALES AND INCOMING ORDERS
    * PHOENIX MECANO AG - Q1 GROUP'S CONSOLIDATED GROSS SALES
INCREASED BY 1.1% IN 2020, FROM EUR 680.0 MILLION TO EUR 687.4
MILLION
    * Q1 OPERATING RESULT FELL BY 3.9% FROM EUR 23.4 MILLION TO
EUR
22.4 MILLION
    * PHOENIX MECANO AG - CONFIRMS ITS FORECAST FOR 2021

Source text for Eikon:  ID:nEQ7W8Wv2a 
Further company coverage:  PM.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 6600;))