Brief: DMG Mori Raises FY Outlook, H1 Orders Rise By 59%

DMG Mori AG

23/07/2021 06:47

July 23 (Reuters) - DMG MORI AG  GILG.DE :
    * FORECAST FOR FINANCIAL YEAR 2021 RAISED AGAIN
    * H1 ORDER INTAKE RISES TO EUR 1,248.7 MILLION (+59%;
PREVIOUS
YEAR: EUR 784.0 MILLION)
    * H1 SALES REVENUES INCREASE TO EUR 933.5 MILLION (+11%;
PREVIOUS
YEAR: EUR 838.0 MILLION) EBIT IMPROVES TO EUR 42.2 MILLION
(+27%; PREVIOUS YEAR: EUR 33.2 MILLION)
    * FOR THE FULL YEAR WE NOW PLAN ORDER INTAKE OF AROUND EUR
2.25
BILLION (PREVIOUSLY: AROUND EUR 2.0 BILLION).
    * FY SALES REVENUES ARE NOW EXPECTED TO BE AROUND EUR 1.95
BILLION
(PREVIOUSLY: AROUND EUR 1.8 BILLION).
    * SEES FY EBIT OF AROUND EUR 100 MILLION (PREVIOUSLY: AROUND
EUR
60 MILLION)

Further company coverage:  GILG.DE 

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