Brief: Drägerwerk AG & Co. KGaA Raises Forecast

Draegerwerk AG & Co KGaA

13/12/2023 16:15

Dec 13 (Reuters) - DRAEGERWERK  DRWG.DE :
    * EQS-ADHOC: DRÄGERWERK AG & CO. KGAA: ANNUAL FORECAST
RAISED
AGAIN
    * DRÄGER THEREFORE EXPECTS TO EXCEED ITS PREVIOUS FORECAST
FOR
FISCAL YEAR 2023
    * EBIT COULD REACH MORE THAN 4.0 PERCENT OF CONSOLIDATED NET
SALES
    * NET SALES COULD EVEN GROW BY MORE THAN 11.0 PERCENT NET OF
CURRENCY EFFECTS, WHICH CORRESPONDS TO NOMINAL GROWTH OF MORE
THAN 8.5 PERCENT
    * IN OCTOBER, DRÄGER HAD ALREADY RAISED ITS FORECAST FOR
EBIT
MARGIN TO BETWEEN 2.0 AND 4.0 PERCENT DUE TO POSITIVE BUSINESS
DEVELOPMENT

Source text for Eikon:  ID:nEQ3D6C07a 
Further company coverage:  DRWG.DE 

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