Plus   Neg

MANZ AG Posts EBIT Loss In FY18; Revenues Up - Quick Facts

High tech equipment manufacturer Manz AG (MANZF.PK) reported Tuesday that its Group EBIT loss was 3.4 million euros, compared to 0.6 million euros last year.

EBIT before non-operating one-off effects was 1.7 million euros, an increase of more than 35 million euros from last year.

Group EBITDA was 9.5 million euros, compared to 10.1 million euros last year.

Group revenue was 296.9 million euros, 11.6 % higher than 266.1 million euros a year ago.

Manz AG said it will publish its final figures for financial year 2018 along with a detailed prognosis for the current financial year on March 28.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The European Commission said Friday that it has signed a deal with Sanofi and GlaxoSmithKline to secure up to 300 million doses of their potential COVID-19 vaccine. Acella Pharmaceuticals recalled certain lots of hypothyroidism medication NP Thyroid in the form of tablets due to super potency, the U.S. Food and Drug Administration said in a statement. The company is recalling one lot of 15mg and one lot of 120mg of NP Thyroid that are packaged in 100 count bottles in strengths of 15 mg, and 120 mg, with expiration dates between October 2020 and November 2020. Walmart announced its decision to raise wages for around 165,000 hourly associates across all its U.S. stores starting October, and introduce a team-based operating model in Supercenters. In a tweet, the retail giant said, "Today we're introducing new leadership roles and cross-training opportunities, giving our associates more ways to grow their careers."
Follow RTT