September 09, 2020
● Sales down -35% (at constant exchange rates, excluding IAS 29)
● A current operating margin of +2.3% of sales (excluding foreign exchange gains and losses, excluding IFRS 16 & IAS 29)
● Net loss of € -8.7 million, heavily penalized by FOREX impacts
| Revenue by business line - excl. IAS 29 - in € millions | H1 2020 | H1 2019 | Var. % | |
| Equipment sales | 195,6 | 305,8 | -36% | |
| Rental sales | 6,8 | 11,0 | -38% | |
| Services | 20,3 | 25,8 | -21% | |
| Total | 222,7 | 342,6 | -35% | |
On December 12th, Asian Construction Equipment Group Co., Ltd. (abbreviated as ACE Group) Xuchang Production Base hosted a delegation of senior clients from The Republic of Tajikistan for an in-depth facility inspection. Guided by the warm winter sun, th
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