MG Mori Seiki AG Reports Earnings Results for the Fourth Quarter of 2014; Provides Earnings Guidance for the Year 2015
March 12, 2015 at 09:03 am
MG Mori Seiki AG reported earnings results for the fourth quarter of 2014. For the quarter, the company's net profit jumped 24.4% to EUR 47.4 million. Earnings before interest and tax (EBIT) grew to EUR 70.9 million from EUR 59.3 million. Revenue climbed by 16% to EUR 666.6 million.
For the financial year 2015, the company expects an increasingly volatile situation without disclosing exact financial expectations.