Thanks to a sizeable disposal gain, ElringKlinger’s profits were about unchanged from Q1 17. However, excluding this one-off gain, the numbers were more than dismal. FX changes were one reason for this but it is our impression that the sub-optimal production logistics is another problem.
14 May 2018
Q1 earnings just above the break-even line
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Q1 earnings just above the break-even line
ElringKlinger AG (ZIL2:WBO) | 0 0 (-0.7%) | Mkt Cap: 1,074m
- Published:
14 May 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
Thanks to a sizeable disposal gain, ElringKlinger’s profits were about unchanged from Q1 17. However, excluding this one-off gain, the numbers were more than dismal. FX changes were one reason for this but it is our impression that the sub-optimal production logistics is another problem.