Brief: Draegerwerk H1 EBIT At EUR 47.7 Mln

Draegerwerk AG & Co KGaA

27/07/2023 06:41

July 27 (Reuters) - DRAEGERWERK AG & CO. KGAA  DRWG.DE :
    * DRÄGER WITH SIGNIFICANT INCREASE IN NET SALES AND EARNINGS
IN
THE FIRST HALF OF 2023
    * H1 NET SALES INCREASE OF AROUND 20 PERCENT COMPARED TO
PRIOR-YEAR PERIOD
    * H1 EBIT WELL UP AT AROUND EUR 48 MILLION
    * H1 ORDER INTAKE SLIGHTLY BELOW HIGH PRIOR-YEAR LEVEL
    * ANNUAL FORECAST CONFIRMED
    * DRÄGERWERK AG & CO. KGAA INCREASED ITS NET SALES BY 19.6
PERCENT
(NET OF CURRENCY EFFECTS) TO EUR 1,532.4 MILLION IN FIRST SIX
MONTHS OF 2023
    * H1 EARNINGS BEFORE INTEREST AND TAXES (EBIT) WERE CLEARLY
POSITIVE AT EUR 47.7 MILLION (6 MONTHS 2022: EUR -111.7
MILLION), WHILE EBIT MARGIN ROSE BY 11.7 PERCENTAGE POINTS TO
3.1 PERCENT

Source text for Eikon:  ID:nEQ8H3F3ha 
Further company coverage:  DRWG.DE 

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