Brief: Duerr FY Earnings After Tax Up 58% To EUR 134 Million

Duerr AG

23/02/2023 06:30

Feb 23 (Reuters) - Duerr AG  DUEG.DE :
    * DUERR - FY ORDERS INCREASED BY 17% TO €5,008 MILLION
    * DUERR - AT €4,314 MILLION, FY SALES GREW BY 22% OVER THE
PREVIOUS YEAR
    * DUERR - FY EARNINGS AFTER TAX CLIMBED BY 58% TO €134
MILLION
    * DUERR - SALES ARE EXPECTED TO INCREASE TO €4,500 TO €4,800
MILLION IN 2023
    * DUERR - FOLLOWING THE RECORD FIGURE IN 2022, THE DÜRR
GROUP’S
2023 ORDER INTAKE SHOULD DECLINE SOMEWHAT AND COME WITHIN A
CORRIDOR OF €4,400 TO €4,800 MILLION
    * DUERR - FY EBIT MARGIN BEFORE EXTRAORDINARY EFFECTS
REACHED 5.4%
    * DUERR - BOARD OF MANAGEMENT ASSUMES THAT 2023 EARNINGS
AFTER TAX
WILL CLIMB TO €160 TO €210 MILLION
    * DUERR - THE EBIT MARGIN BEFORE EXTRAORDINARY EFFECTS
SHOULD
REACH 6.0% TO 7.0% IN 2023
    * DUERR - 2023 FREE CASH FLOW LOOKS SET TO REACH €50 TO €100
MILLION
    * DUERR - FY EBIT UP 17.2% TO 205.9 MILLION EUROS

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