Damen said the transaction carried “zero to low margin,” meaning it had little effect on earnings before interest and taxes. Its adjusted EBIT margin was 1.2%, a modest improvement from a year earlier. Adjusted EBIT increased 19% to €28.9 million, lifting the adjusted EBIT margin to 6.0% from 5.9% in the prior-year quarter. The engineered plastics segment reported revenue of €37 million, compared with €36 million a year earlier, and an adjusted EBIT margin of 11.4%. Sales increased in Europe, South America and other markets, while revenue declined year over year in Asia-Pacific and North America.