Brief: Bilfinger Expects 2023 EBITA Margin At 4.3%

Bilfinger SE

29/01/2024 11:19

Jan 29 (Reuters) - BILFINGER SE  GBFG.DE :
    * EBITA MARGIN AND FREE CASH FLOW IN FINANCIAL YEAR 2023
EXCEEDED
OUTLOOK
    * EBITA MARGIN FOR 2023 FINANCIAL YEAR IS EXPECTED TO BE
4.3%,
EXCEEDING OUTLOOK OF 3.8 TO 4.1% BY 0.2 PERCENTAGE POINTS
    * MID-TERM TARGETS ARE CONFIRMED.
    * FREE CASH FLOW IS EXPECTED TO AMOUNT TO EUR 122 MILLION,
EXCEEDING OUTLOOK OF EUR 50 TO 80 MILLION BY EUR 42 MILLION
    * REVENUE IS EXPECTED TO BE WITHIN OUTLOOK RANGE OF EUR
4,300 TO
4,600 MILLION.
    * OPERATIVE EBITA MARGIN HAS DEVELOPED TOWARDS UPPER END OF
OUTLOOK AND IS EXPECTED TO AMOUNT TO 4.0%
    * CAPITAL GAINS FROM REAL ESTATE DISPOSALS WILL INCREASE
EBITA
MARGIN BY 0.3 PERCENTAGE POINTS.

Source text for Eikon:  ID:nEQ6J8chTa 
Further company coverage:  GBFG.DE 

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