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Mayer & Cie. recovers after two challenging years - Vimarsana News

Mayer & Cie. recovers after two challenging years

Mayer & Cie. recovers after two challenging years Market recovery after two difficult years, sees Mayer & Cie. positive in its outlook for the 2021 financial year. 15th March 2021 Albstadt-based circular knitting machine manufacturer Mayer & Cie. (MCT), generated group sales of around EUR 72 million in 2020, a 20% decline on the previous year, making it the second year in succession in which the long-established Albstadt-Tailfingen company reported a negative result. Looking ahead, in contrast, the outlook is much more promising, the company says. Since late summer 2020 and the end of the fir...