DMG Mori Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2021
September 08, 2021 at 01:53 am EDT
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DMG Mori Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2021. For the year, the company expects sales revenues of JPY 365,000 million. Operating profit is expected to be JPY 20,000 million. Profit attributable to owners of the parent is expected to be JPY 11,000 million. Basic earnings per share is expected to be JPY 71.32.
DMG MORI CO., LTD. is a Japan-based company mainly engaged in the provision of total solutions that include machine tools, software, measuring instruments, service support, applications and engineering. The Company operates in two segments. The Machine Tool segment is engaged in the manufacture and sale of machine tools such as machining centers, turning centers, compound processing equipment and 5-axis processing equipment. The Industrial Services segment is engaged in the provision of related services for machine tools, the manufacture and sale of measurement equipment, as well as the development and sale of software such as user interfaces, technology cycles and embedded software, and hardware such as image processing products.