MAX Automation SE Thrives in Tough H1 2024 – Confident Outlook Ahead

• MAX Automation SE reported sales of EUR 188.2 million in the first half of 2024, maintaining levels from the previous year despite subdued demand.
• The operating result (EBITDA) from continuing operations was EUR 15.6 million, down from EUR 20.2 million in the same period last year, resulting in an EBITDA margin of 8.3%.
• Order intake decreased by 13.7% to EUR 166.9 million, reflecting investment restraint amid ongoing economic challenges.
• The order backlog fell by 10.7% to EUR 184.0 million compared to the end of 2023.
• The company expects 2024 sales to be between EUR 390 million and EUR 450 million, with EBITDA projected between EUR 31 million and EUR 38 million, indicating a cautious outlook.
• MAX Automation SE improved its equity ratio despite challenges, demonstrating resilience in a weak global economy.

The next important date, Publication of the semi-annual financial report, at MAX Automation is on 02.08.2024.

The price of MAX Automation at the time of the news was 6,0700EUR and was down -0,33 % compared with the previous day.
17 minutes after the article was published, the price was 5,9500EUR this corresponds to a minus of -1,98 % since publication.

MAX Automation

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ISIN:DE000A2DA588WKN:A2DA58

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