Brief: Drägerwerk AG & Co. KGaA Says Net Sales Decreased To Around EUR 1,302 Mln In First Half Of 2022

Draegerwerk AG & Co KGaA

14/07/2022 20:02

July 14 (Reuters) - Draegerwerk AG & Co KGaA  DRWG.DE :
    * DGAP-ADHOC: DRÄGERWERK AG & CO. KGAA: PRELIMINARY FIGURES
FOR H1
2022: NET SALES AND EARNINGS SIGNIFICANTLY BELOW PRIOR YEAR
DESPITE STRONG ORDER ENTRY – GUIDANCE CONFIRMED DUE TO EXPECTED
BUSINESS RECOVERY IN H2
    * NET SALES DECREASED TO AROUND EUR 1,302 MILLION IN FIRST
HALF OF
2022
    * SAYS IN Q2, ORDER INTAKE ROSE BY 7.6 PERCENT (NET OF
CURRENCY
EFFECTS) TO AROUND EUR 822 MILLION
    * H1 2022 ORDER INTAKE INCREASED BY 8.9 PERCENT TO AROUND
EUR
1,648 MILLION (6 MONTHS 2021: EUR 1,477.4 MILLION)
    * H1 2022 EARNINGS BEFORE INTEREST AND TAXES (EBIT)
DECREASED TO
AROUND EUR -112 MILLION (6 MONTHS 2021: EUR 209.2 MILLION)
    * SAYS Q2 NET SALES DECREASED BY 24.7 PERCENT (NET OF
CURRENCY
EFFECTS) TO AROUND EUR 653 MILLION (Q2 2021: EUR 841.3 MILLION)
    * CONFIRMS FORECAST FOR FULL YEAR 2022

Source text for Eikon:  ID:nEQbr9j2fa 
Further company coverage:  DRWG.DE 

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