Draegerwerk up after Q3 EBIT beat, FY outlook increase

Draegerwerk AG & Co KGaA

16/10/2025 07:32

** Shares in German medical and safety equipment manufacturer Draegerwerk DRWG.DE are up around 5.2% in early Frankfurt trade after the company reported its preliminary Q3 results on Wednesday

** A local trader points to its earnings before interest and taxes (EBIT) beating LSEG consensus estimates at 57 million euros  ($66.46 million) versus the expected 36 million euros

** Draegerwerk also raised its full-year outlook to the upper end of its guidance range expecting revenue growth of 3-5% versus 1-5% previously

($1 = 0.8576 euros)

 (Reporting by Cian Muenster)

 ((Cian.muenster@thomsonreuters.com))