Brief: Ringmetall Says Braces Itself Against Broader Economic Slowdown By Optimizing Production Processes

Ringmetall SE

15/09/2023 06:06

Sept 15 (Reuters) - Ringmetall SE  HP3An.DE :
    * EQS-NEWS: RINGMETALL BRACES ITSELF AGAINST BROADER
ECONOMIC
SLOWDOWN BY OPTIMIZING PRODUCTION PROCESSES
    * HY EBITDA OF EUR 8.3 MILLION SIGNIFICANTLY IMPACTED BY
ONE-TIME
DECONSOLIDATION EFFECTS OF EUR -4.6 MILLION FROM SALE OF HSM
    * SAYS HY GROUP REVENUES DOWN 12.7 PERCENT TO EUR 100.6
MILLION
    * OUTLOOK REAFFIRMED AGAINST BACKDROP OF SATISFACTORY
OVERALL
BUSINESS PERFORMANCE
    * SAYS BOARD CONFIRMS ITS OUTLOOK FOR BUSINESS PERFORMANCE
IN 2023
AS A WHOLE

Source text for Eikon:  ID:nEQ2CYq5Ya 
Further company coverage:  HP3An.DE 

 ((Reuters.Briefs@thomsonreuters.com;))