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    NEA   ES0166300212

NICOLÁS CORREA, S.A.

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Correa machines run-off: FOX, VERXA MW y NORMA

10/02/2018 | 09:57am EDT

Nicolás Correa Group has successfully delivered several milling machines over the past months, including FOX, VERXA MW and NORMA.

Last week of July, our German customer OMS came to our Burgos factory for the reception of the FOX-40. This German company is specialised in machine welded and machined structures has acquired a bridge type machine FOX with universal indexed milling head UAD.

During September, there have been three product run-offs. On September the 21st, it took place the reception of a milling machine VERXA MW for the Bristish company Babcock International. Gantry milling machine VERXA MW design and thermal symmetry combined with a W axis, unique in the market, make this machine the ideal solution for machining high volumes, keeping a high level of dynamics and chip removal.

Last week of September, German company LKS Maschinenbau, also, visited GNC Hypatia for the run-off of its new milling machine NORMA. LKS has acquired a bed type machine NORMA-45, a flexible machine suitable for machining and finishing operations. Finally, on the 27th, it was the reception of a VH-Plus milling machine for the French customer Gonzales.

Disclaimer

Nicolas Correa SA published this content on 02 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 October 2018 13:56:09 UTC


© Publicnow 2018
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Financials
Sales 2021 73,2 M 86,1 M 86,1 M
Net income 2021 6,50 M 7,65 M 7,65 M
Net cash 2021 4,10 M 4,83 M 4,83 M
P/E ratio 2021 11,2x
Yield 2021 3,02%
Capitalization 68,1 M 80,1 M 80,1 M
EV / Sales 2021 0,87x
EV / Sales 2022 0,77x
Nbr of Employees 346
Free-Float 59,1%
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Last Close Price 5,62 €
Average target price 7,25 €
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