Management’s knowledge of how to deal with currency fluctuations seems to have been very limited as this is mentioned as one excuse for a bottom line that is just above break-even. A net profit of €3.3m generated in Q1 18 is the lowest Q1 profit number generated in any first quarter since the beginning of this century. The number is even lower than at times when GEA was a different and less successful company.
04 May 2018
Q1 net earnings at break-even
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Q1 net earnings at break-even
GEA Group Aktiengesellschaft (G1A:WBO) | 0 0 0.5% | Mkt Cap: 7,394m
- Published:
04 May 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
Management’s knowledge of how to deal with currency fluctuations seems to have been very limited as this is mentioned as one excuse for a bottom line that is just above break-even. A net profit of €3.3m generated in Q1 18 is the lowest Q1 profit number generated in any first quarter since the beginning of this century. The number is even lower than at times when GEA was a different and less successful company.