Brief: Drägerwerk 9M EBIT At EUR 77 Mln

Draegerwerk AG & Co KGaA

02/11/2023 06:34

Nov 2 (Reuters) - DRAEGERWERK  DRWG.DE :
    * DRÄGERWERK AG & CO. KGAA: DRÄGER SIGNIFICANTLY INCREASES
NET
SALES AND EARNINGS IN THE FIRST NINE MONTHS OF 2023
    * 9M ORDER INTAKE (NET OF CURRENCY EFFECTS) SLIGHTLY ABOVE
HIGH
PRIOR-YEAR LEVEL
    * ANNUAL FORECAST RAISED
    * 9M EBIT WELL UP AT AROUND EUR 77 MILLION
    * IN TERMS OF NET SALES GROWTH, WE ARE LIKELY TO REACH UPPER
END
OF FORECAST, AND WE ALSO EXPECT A HIGHER EBIT MARGIN
    * EXPECTS A CURRENCY-ADJUSTED INCREASE OF 7.0 TO 11.0
PERCENT
    * FORECAST FOR EBIT MARGIN HAS BEEN RAISED FROM 0.0 TO 3.0
PERCENT
TO 2.0 TO 4.0 PERCENT

Source text for Eikon:  ID:nEQ5Wd2hka 
Further company coverage:  DRWG.DE 

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