Filtration specialist Mann+Hummel sees 1.7% revenue growth in 2018; announces global cost savings initiative
LUDWIGSBURG, Germany, February 6, 2019-
Global filtration specialist MANN+HUMMEL released its preliminary financial results for 2018. The MANN+HUMMEL Group reported revenues of approximately 4 billion Euros and consequently achieved its target from July 2018.
The limited revenue growth of 1.7 percent year-over-year was greatly influenced by negative currency effects. Full annual results will be presented during the annual press conference in May 2019 in Ludwigsburg.
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