DGAP-News: MAX Automation SE in the nine-month period of 2021 with strong order intake and continued improvement in earnings
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星期四, 十一月 4, 2021
Max's Group, Indian Institute of Food Processing Technology, Management, Technology, Growth, Philadelphia Managing Director's Office, ISIN, Frankfurt Stock Exchange, Executive Office of the President of the United States, Motor vehicle, Science and technology in Asia, Depreciation, Max Group, IWM, Automation, Le Meur, GreenTec Awards, Tax, Semiconductor, Bank
Growth in the Evolving Technologies segment (+109.5%) was driven by medical technology as well as packaging and press automation.
Key Points:
- Growth in the Evolving Technologies segment (+109.5%) was driven by medical technology as well as packaging and press automation.
- Order intake in Non-Core (-35.9%) continued to decline as anticipated as a result of the closure of the IWM businesses.
- The MAX Group achieved a 44.1% improvement in operating earnings before interest, taxes, depreciation, and amortization (EBITDA) to mEUR 10.6 in the nine-month period of 2021 (9M 2020: mEUR 7.3).
- The operating cash flow of the MAX Group improved by 51.1% to mEUR 9.7 (9M 2020: mEUR 6.4).