Vecoplan achieves growth in sales revenue and earnings

30.01.2020 − 

The environmental technologies segment of MAX Automation, the group company Vecoplan, recorded an increase of 26.5 % in EBITDA for the first nine months of its business year 2019 at 8.92. As such, the margin was improved from 8.9 % to 10.5 %. At 85.29m €, the segment’s earnings were also 7.6 % higher than in the nine-month period of 2018. The figures for receipts and backlogs of orders are also considerably higher than a year earlier. The group recorded an increase of 28.9 % in receipts of orders by the end of September to 114.62m €, enabling the backlog of orders to undergo an improvement of 68.0 % to 64.91m €. For the year as a whole, Vecoplan is expecting sales revenue to rise by a double-figure percentage, and order receipts by more than 20m €.

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