Brief: Draegerwerk 9M EBIT Up 4% At Around EUR 80 Mln

Draegerwerk AG & Co KGaA

16/10/2024 06:05

Oct 16 (Reuters) - DRAEGERWERK AG & CO KGAA  DRWG.DE :
    * ORDER INTAKE EXCEEDS HIGH PRIOR-YEAR LEVEL
    * 9M NET SALES ALMOST REACH STRONG PRIOR-YEAR FIGURE
    * ANNUAL FORECAST CONFIRMED
    * 9M EBIT UP AROUND FOUR PERCENT
    * 9M AT AROUND EUR 2,295 MILLION, NET SALES WERE 0.4 PERCENT
(NET
OF CURRENCY EFFECTS; NOMINAL: -1.1 PERCENT) BELOW PRIOR-YEAR
FIGURE
    * 9M ORDER INTAKE ROSE BY 1.4 PERCENT
    * 9M EARNINGS BEFORE INTEREST AND TAXES (EBIT) INCREASED BY
AROUND
FOUR PERCENT TO AROUND EUR 80 MILLION
    * IN Q3, ORDER INTAKE INCREASED BY 2.6 PERCENT
    * Q3 AT AROUND EUR 775 MILLION, NET SALES WERE 0.7 PERCENT
BELOW
(NET OF CURRENCY EFFECTS; NOMINAL: -1.8 PERCENT) PRIOR-YEAR
FIGURE
    * Q3 EBIT MARGIN AMOUNTED TO AROUND 3.1 PERCENT (Q3 2023:
3.7
PERCENT)
    * Q3 EBIT AMOUNTED TO AROUND EUR 24 MILLION

Source text for Eikon:  ID:nEQ8nq3N9a 
Further company coverage:  DRWG.DE 

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