XTRA:MXHNMachinery
MAX Automation (XTRA:MXHN) Stock Struggles As Margin Squeeze Pushes Core Business Into Loss
MAX Automation stock closed at €3.71 on 31 July, roughly flat over the past week but slightly weaker over one and three months. The market seems hesitant rather than shocked. The headline in these full year numbers is the profit squeeze. The group generated €336.364m in trailing twelve month revenue yet still reported a loss from continuing operations of €4.404m and a negative Basic EPS of €0.106781.
Short term traders see an unprofitable industrial group. Longer term investors will focus on...