Weaker start for technotrans SE in Q1 2019

Sassenberg, April 17, 2019, 01:45 pm – Provisional figures indicate that technotrans SE achieved consolidated revenue of EUR 53.1 million as well as a consolidated operating profit (EBIT) of EUR 3.3 million in the first quarter of 2019, and consequently fell short of expectations especially with regard to EBIT.

This development is mainly attributable to investment restraint in the auto-related plastics processing industry, and thus affects above all the location in Meinerzhagen. Its impact on the plans for the financial year are currently being examined.