Brief: Cherry: FY Group Revenue Up At EUR 168.5 Mln

Cherry SE

31/03/2022 07:04

March 31 (Reuters) - CHERRY AG  C3RY.DE :
    * FINISHES 2021 FISCAL YEAR WITH SUSTAINED ROBUST REVENUE
GROWTH
AND HIGH PROFITABILITY
    * FY REVENUE ROSE 29.4 PERCENT TO 168.5 MILLION EUR
    * REVENUE FORECAST FOR CURRENT FISCAL YEAR BETWEEN EUR 170
MILLION
AND EUR 190 MILLION
    * EBITDA MARGIN (ADJUSTED) BETWEEN 23% AND 26% EXPECTED FOR
2022
FISCAL YEAR
    * DOUBLE-DIGIT GROWTH AND HIGHER ADJUSTED EBITDA MARGIN
FORECAST
TO CONTINUE AFTER 2022 FISCAL YEAR
    * FY GROUP REVENUE UP BY 29.4% TO EUR 168.5 MILLION (2020*:
EUR
130.2 MILLION)
    * FY ADJUSTED EBITDA MARGIN RISES TO 29.0% (2020*: 28.5%)

Source text for Eikon:  ID:nEQ9LVqhBa 
Further company coverage:  C3RY.DE 

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