Brief: Wacker Neuson Q3 Revenue Down 16.5%

Wacker Neuson SE

05/11/2020 06:07

Nov 5 (Reuters) - WACKER NEUSON SE  WACGn.DE :
    * COVID-19 PANDEMIC CONTINUES TO HAVE A SIGNIFICANT IMPACT
IN Q3
    * REVENUE FOR Q3 16.5 PERCENT BELOW PREVIOUS YEAR
    * FURTHER SIGNIFICANT REDUCTION IN NET FINANCIAL DEBT,
GEARING AT
22 PERCENT
    * GROUP EXPECTS TO ACHIEVE STRATEGY 2022 GOALS ONE TO TWO
YEARS
LATER THAN PLANNED
    * EBIT MARGIN SETTLED AT 5.8 PERCENT (Q3/19: 8.8 PERCENT)

Source text for Eikon:  ID:nEQ6Y9hJ4a 
Further company coverage:  WACGn.DE 

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