Brief: Bertrandt AG says Outlook 2023/2024 Confirmed

Bertrandt AG

14/02/2024 05:45

Feb 14 (Reuters) - Bertrandt AG  BDTG.DE :
    * OUTLOOK 2023/2024: CONFIRMED
    * DOUBLE-DIGIT TOPLINE GROWTH (+10% YOY) TO EUR 308M IN Q1
2023/2024
    * GERMAN VDA RAISED FORECAST FOR RESEARCH AND DEVELOPMENT
INVESTMENTS OF GERMAN AUTO INDUSTRY TO EUR 280BN IN PERIOD
2024-2028
    * QTRLY EBIT UP 17% YOY TO 13.5 MILLION EUROS, EPS UP 26%
YOY TO
EUR 0.78
    * FOR FISCAL YEAR 2023/2024 OVERALL, BERTRANDT EXPECTS TOTAL
REVENUES TO GROW BY BETWEEN EUR 70 AND 110 MILLION
    * FOR FISCAL YEAR 2023/2024 CO EXPECTS EBIT MARGIN , CAPEX
OF EUR
25 TO 40 MILLION AND A POSITIVE CASH FLOW FROM OPERATING
ACTIVITIES

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