Financial PositionNet debt at the end of the year was €12m, down from net cash of €71m, worse than expected.
Guidance And Market UncertaintyManagement refrained to provide a guidance at this stage due to unchanged uncertainties in respective end-market.
ProfitabilityEBIT fell by -92% YoY to €1.7m at a margin of 0.5%, mainly driven by underutilisation in Radiators where the EBIT turned negative.