Brief: Dürr AG Says Group's New EBIT Margin Target For 2024 Is 4.5 To 6.0%

Duerr AG

19/10/2023 17:12

Oct 19 (Reuters) - Duerr Ag  DUEG.DE :
    * EQS-ADHOC: DÜRR AG: EARNINGS TARGET FOR 2024 REVISED,
FORECAST
FOR 2023 CONFIRMED
    * EQS-ADHOC: DÜRR AG: EARNINGS TARGET FOR 2024 REVISED,
FORECAST
FOR 2023 CONFIRMED
    * GROUP'S NEW EBIT MARGIN TARGET FOR 2024 IS 4.5 TO 6.0%
BEFORE
EXTRAORDINARY EFFECTS, WITH SALES GROWTH OF 5 TO 10%
    * DÜRR GROUP WILL NOT ACHIEVE ITS TARGET OF AN 8% EBIT
MARGIN
BEFORE EXTRAORDINARY EFFECTS IN 2024
    * FORECAST FOR EBIT MARGIN BEFORE EXTRAORDINARY EFFECTS FOR
2023
(6.0 TO 7.0%) IS CONFIRMED.
    * MANAGEMENT IS ALSO PLANNING TO REDUCE CAPACITY AT HOMAG

Source text for Eikon:  ID:nEQ7GK4hma 
Further company coverage:  DUEG.DE 

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