Brief: Duerr Q1 Earnings After Tax Of EUR 20.3 Million, Down 3.6%

Duerr AG

14/05/2024 06:30

May 14 (Reuters) - Duerr AG  DUEG.DE :
    * DUERR - ORDER INTAKE REACHED €1,488.8 MILLION (UP 1.6%) IN
Q1
    * DUERR - Q1 EBIT MARGIN BEFORE EXTRAORDINARY EFFECTS
WIDENED
SIGNIFICANTLY AND, AT 4.9% (Q1 2023: 4.1%)
    * DUERR - Q1 SALES CLIMBED BY 8.3% TO €1,098.4 MILLION
    * DUERR - ORDER INTAKE SHOULD REACH €4,600 TO €5,000 MILLION
IN
2024, EQUIVALENT TO GROWTH OF UP TO 8%
    * DUERR - THE TARGET FOR 2024 SALES IS €4,700 TO €5,000
MILLION,
TRANSLATING INTO GROWTH OF 2% TO 8%
    * DUERR - 2024 EBIT MARGIN BEFORE EXTRAORDINARY EFFECTS IS
EXPECTED TO CONTRACT FROM 6.1% IN THE PREVIOUS YEAR TO 4.5% TO
6.0%
    * DUERR - 2024 EARNINGS AFTER TAXES SHOULD REACH €90 TO €150
MILLION
    * DUERR - 2024 FREE CASH FLOW SHOULD BE IN POSITIVE
TERRITORY,
AMOUNTING TO UP TO €50 MILLION
    * DUERR - Q1 EBIT 39.7 MILLION EUR, UP 5.3%
    * DUERR - Q1 EBITDA 79.7 MILLION EUR, UP 21%
    * DUERR - Q1 EARNINGS AFTER TAX 20.3 MILLION EUR, DOWN 3.6%

Source text for Eikon:  ID: 
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