Biesse Group has revised its guidance for the FY 2019. The first five months of the 2019 have seen a considerable coolness of the demand, after a positive cycle lasted four years (2015-2018), as the company said in the press release received by Lesprom Network.
Given that the actual demand volatility is making extremely aleatory any estimate, the consolidated sales are - at present - expected to be in a range of Euro 680-690 million and the EBITDA in a range of Euro 62-65 million. The Group is anyway forecasting for the current year, despite the revision above mentioned, a positive Net Financial Position.
Biesse Group is a global leader in technology for processing wood, glass, stone, plastic, and metal.
