This was informed by the Dax companies on Thursday in Hanover. Sales were according to the provisional Figures of 11.0 billion euros, largely at the previous year’s level.

The fall in profits was expected. CEO Elmar Degenhart confirmed the forecast for the current year. The group expects, especially in the second half with a revival of the economy.

In the previous year, the demand came, and with it automobile production in China because of the US-China trade dispute under significant pressure.

in Europe, the downturn in the auto industry began with the introduction of the new emission and fuel – consumption test procedure WLTP around. To shareholders attributable to Income from to have slumped more than a fifth to EUR 575 million. (SDA)