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C3R — Cherry SE News Story

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Brief: Cherry Q3 Sales Up At EUR 43.1 Mln

Nov 15 (Reuters) - CHERRY AG  C3RY.F :
    * CONTINUES PROFITABLE GROWTH IN FIRST NINE MONTHS
    * Q3 SALES ROSE 26.1 PERCENT TO 43.1 MILLION EUR
    * 9M ADJUSTED EBITDA MARGIN INCREASES TO 29.6% (9M 2020*:
28.4%)
    * FORECAST FOR GROUP REVENUE SPECIFIED TO AROUND EUR 170
MILLION
IN FISCAL YEAR 2021 (CORRESPONDS TO APPROX. 30% GROWTH)
    * 9M GROUP REVENUE INCREASES BY 31.3% TO AROUND EUR 123.4
MILLION
(9M 2020*: EUR 93.9 MILLION)
    * DOUBLE-DIGIT REVENUE GROWTH ALSO PREDICTED FOR FISCAL YEAR
2022

Source text for Eikon:  ID:nEQ1D6QVHa 
Further company coverage:  C3RY.F 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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