Brief: Draegerwerk Expects Faster Sales Recognition In Q4

Draegerwerk AG & Co KGaA

27/10/2022 06:40

Oct 27 (Reuters) - Draegerwerk AG & Co KGaA  DRWG.DE :
    * EXPECTS FASTER SALES RECOGNITION IN THE FOURTH QUARTER OF
2022
    * NET SALES FELL BY 18.0 PERCENT (NET OF CURRENCY EFFECTS)
TO EUR
2,027.0 MILLION (9 MONTHS 2021: EUR 2,402.9 MILLION)
    * EBIT AMOUNTED TO EUR -148.3 MILLION (9 MONTHS 2021: EUR
257.0
MILLION)
    * EBIT MARGIN WAS -7.3 PERCENT (9 MONTHS 2021: 10.7 PERCENT
    * FOR Q4, DRÄGER EXPECTS A STRONG ACCELERATION IN SALES
RECOGNITION
    * WILL NOT BE ABLE TO ACHIEVE ORIGINAL FULL-YEAR GUIDANCE

Source text for Eikon:  ID:nEQ5gnBNha 
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