Brief: Duerr Q1 Earnings After Tax Up At EUR 27.1 Mln

Duerr AG

02/05/2022 17:30

May 2 (Reuters) - DUERR AG  DUEG.DE :
    * ADJUSTING EARNINGS FORECAST FOR 2022, UNCHANGED
MEDIUM-TERM GOAL
FOR EBIT MARGIN OF AT LEAST 8%
    * Q1 SALES 905.7 MILLION EUR
    * FREE CASH FLOW AMOUNTED TO EUR 74.8 MILLION IN Q1 AND
SHOULD
REACH EUR 50-100 MILLION IN 2022 AS PLANNED
    * EBIT MARGIN BEFORE EXTRAORDINARY EFFECTS IS NOW EXPECTED
TO BE
IN A RANGE OF 5.0-6.5% IN 2022
    * Q1 PRELIMINARY EBIT AT EUR 43.7 MILLION VERSUS EUR 24.1
MILLION
YEAR AGO
    * FULL-YEAR FORECAST FOR ORDER INTAKE, SALES AND FREE CASH
FLOW
FOR 2022 REMAINS UNCHANGED
    * IN Q1 OF 2022, ORDER INTAKE ROSE TO A RECORD EUR 1,400.5M
(UP
35.7% ON Q1 2021)
    * Q1 EARNINGS AFTER TAX AT EUR 27.1 MILLION VERSUS EUR 8.5
MILLION
YEAR AGO
    * OUTLOOK 2022: EARNINGS AFTER TAX BETWEEN EUR 100 MILLION
AND EUR
150 MILLION

Source text for Eikon:  ID:nEQ7Dqt27a 
Further company coverage:  DUEG.DE 

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