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Jungheinrich surprises positively despite red figures due to cost-cutting program

"HAMBURG (dpa-AFX) - The forklift truck manufacturer JungheinrichJUN3was in the red in the third quarter, as expected, partly due to the costs of implementing its cost-cutting measures. In addition, there was the loss-making sale of the Russian subsidiary and a loss from the disposal of capitalized development expenses for a discontinued technology, according to the quarterly report presented in Hamburg on Wednesday. The Hamburg-based company confirmed its annual targets after they had been revised twice in July. Analysts were positively surprised, as were investors."


https://de.tradingview.com/news/dpa_afx:7bb4b79352fd0:0/


$JUN3 (+2,47%)

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