Neways expects operating result of around EUR 15 million for 2019
(WorldNews Netherlands)

PRESS RELEASE Neways expects operating result of around EUR 15 million for 2019 Son (The Netherlands), 13 January 2020 - Neways Electronics International N.V. (Euronext: NEWAY) ("Neways") today announces that on the basis of the most recent insights it expects to report an operating result of around EUR 15 million for the full year 2019. As previously indicated, net turnover in 2019 will be higher than in 2018, but the turnover growth in the important month of December was lower than expected and was accompanied by a shift in the product mix. In the fourth quarter, Neways continued to reduce its organisational costs according to plan. However, this came with...