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DGAP-News MAX Automation SE reports stable first quarter of 2021

Nachrichtenquelle: EQS Group AG
06.05.2021, 07:30  |  104   |   |   

DGAP-News: MAX Automation SE / Key word(s): Quarterly / Interim Statement
MAX Automation SE reports stable first quarter of 2021

06.05.2021 / 07:30
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

MAX Automation SE reports stable first quarter of 2021

  • Order intake at the level of the prior-year quarter (3M 2021: mEUR 73.6 vs. 3M 2020: mEUR 74.9)
  • Order backlog up 9.5% compared to the previous year (3M 2021: mEUR 213.1 vs. 3M 2020: mEUR 194.6)
  • Sales down 11.8% on the previous year (3M 2021: mEUR 70.8 vs. 3M 2020: mEUR 80.2)
  • Operating result (EBITDA) at mEUR 3.6 above last year's figure (3M 2020: mEUR 0.6)
  • Sales and earnings forecast for the full year 2021 confirmed

 

Düsseldorf, 6 May 2021 - MAX Automation SE (ISIN DE000A2DA58), a company listed in the Prime Standard of the Frankfurt Stock Exchange, proved to be resilient in the first quarter of 2021 and achieved a stable start to its current financial year against the backdrop of a COVID-19 pandemic which continues to impact the overall economy.

At mEUR 73.6, the MAX Automation Group's order intake was virtually at the level of the same quarter of the previous year (3M 2020: mEUR 74.9). This is despite the fact that significant order intake in medical technology planned for the first quarter of 2021 was partially brought forward to December 2020.

Strategic projects, such as the sale of a prototype system for the automated production of COVID-19 rapid tests in the Evolving Technologies segment, promise high market potential in the field of immediate medical and pharmacological diagnostics in the further course of business. In the Process Technologies segment, successful new developments in dispensing technology are opening new potential for more orders. The project pipeline and offer volume in the Environmental Technologies segment also remain high. Furthermore, major projects are in the process of being awarded in this area. Overall, the order backlog at Group level increased to mEUR 213.1 as of 30 March 2021 (30 March 2020: mEUR 194.6) and, with the increasing economic recovery and availability of vaccines, gives rise to expectations of a solid development of business in 2021.

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DGAP-News MAX Automation SE reports stable first quarter of 2021 DGAP-News: MAX Automation SE / Key word(s): Quarterly / Interim Statement MAX Automation SE reports stable first quarter of 2021 06.05.2021 / 07:30 The issuer is solely responsible for the content of this announcement. PRESS RELEASE MAX …

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