Christian Thönes, Chairman of the Executive Board: “Due to the corona crisis, our customers are speeding up the transition to the digital factory. The EBIT margin was 4.0% (previous year: 8.1%). Despite the difficult market and economic conditions, the results of operations were positive: EBIT amounted to € 33.2 million (previous year: € 103.4 million). Sales revenues were € 838.0 million (previous year: € 1,276.4 million). Order intake reached € 784.0 million (previous year: € 1,412.3 million). Also DMG MORI has not been able to avoid its consequences: order intake, sales revenues and earnings in the first six months of 2020 were significantly below the high figures of the previous year. The corona pandemic continues to impact the overall economic situation and is causing a strong decline in the global demand for machine tools. EBIT margin reaches 4,0% (previous year: 8,1%).EBIT amounts to € 33.2 million (previous year: € 103.4 million).Sales revenues are € 838.0 million (previous year: € 1,276.4 million).Order intake reaches € 784.0 million (previous year: € 1,412.3 million).
