MAX reported mixed Q3 results with a slightly increased top-line, but a lower than expected EBITDA margin. Despite a soft order intake, order backlog remains on a healthy level to reach the FY´23 guidance.

10 Nov 2023
MAX Automation (MXHB GR) - Fully on track despite mixed Q3; chg. est.

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MAX Automation (MXHB GR) - Fully on track despite mixed Q3; chg. est.
MAX reported mixed Q3 results with a slightly increased top-line, but a lower than expected EBITDA margin. Despite a soft order intake, order backlog remains on a healthy level to reach the FY´23 guidance.