Schmolz + Bickenbach sees a solid second quarter

摘要

Commenting on the company's second quarter results, Schmolz + Bicken-bach CEO Clemens Iller said: "The better market conditions of the first three months continued into the second quarter. Supported by benefits from the internal improvement initiatives, the robust demand from our main customer industries led to results on par with the strong first quarter. Although we are now entering a period of lower business activity we do not believe that market conditions will deteriorate significantly in the coming months despite considerable political and economic uncertainties. As a consequence, we raised our earnings outlook for the full year 2017. In the second half year we will focus on finalising the restructuring steps in Germany and Scandinavia to further improve the earnings power of our company."