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wn.com - 2 month ago

Q2 2020: ElringKlinger with positive operating free cash flow

7. August 2020 - 7:30 Operating free in positive territory at EUR 25.8 million despite COVID-19 economic scaled back by EUR 120.0 million or 17.1% within twelve months Revenue down by 41.9% to EUR 252.2 million in second quarter, organically by 40.5% - Global automobile production slumps by 44.5% EBIT at EUR -32.4 million in second quarter of 2020 and EUR -16.4 million in first half CEO Dr. Stefan Wolf: Even against the backdrop of the corona crisis, we were able to continue on our chosen path: we achieved positive operating cash flow and further reduced net debt. Dettingen/Erms (Germany), August 7, 2020 +++ The second quarter of 2020 was dominated by the coronavirus pandemic,...


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