Schmolz + Bickenbach: cautious optimism for 2020

摘要

Commenting on the company's latest results, Schmolz + Bickenbach ceo Clemens lller has said: "Business development in 2019 was determined by an unusually strong and prolonged decline in demand, both in terms of its extent and duration. We were not able to fully offset the impact of the pronounced market weakness on earnings with internal measures, which meant that we did not achieve the targets we had set ourselves at the beginning of the financial year."