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Phoenix Mecano's Q3 Result Declines; Net Sales Rise

MT Newswires·10/29/2026 02:30:21
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02:30 AM EDT, 10/29/2026 (MT Newswires) -- Phoenix Mecano (PMN.SW) logged 10.1 million euros in its result for the third quarter, compared with 11.2 million euros a year ago. For the three months ended September, net sales were 193.7 million euros versus 188.4 million euros previously, the industrial components company said Thursday. The company confirmed its guidance for 2026, including an improvement in profitability, with its operating result higher than the prior-year level.