Brief: EDAG Engineering Group AG Reports H1 Adjusted EBIT Of EUR 24.1 Mln

EDAG Engineering AG

25/08/2022 05:58

Aug 25 (Reuters) - EDAG Engineering Group AG  ED4.DE :
    * DGAP-NEWS: EDAG ENGINEERING GROUP AG: CONTINUED GROWTH IN
ALL
SEGMENTS -  EARNINGS UP SIGNIFICANTLY IN THE FIRST HALF OF THE
YEAR
    * H1 ADJUSTED EBIT 24.1 MILLION EUR VERSUS 10.7 MILLION EUR
YEAR
AGO
    * ORDER INTAKE OF EUR 432.8 MILLION IN FIRST HALF (+10.9%
COMPARED
TO PREVIOUS YEAR)
    * FY REVENUE IS EXPECTED TO GROW AT UPPER END OF A RANGE OF
AROUND
6 PERCENT TO 9 PERCENT
    * HALF YEAR REVENUE AT 382.2 MILLION EUROS, 14.7 PERCENT
ABOVE
PRIOR-YEAR LEVEL OF 333.1 MILLION EUROS
    * FY22 ADJUSTED EBIT MARGIN IS EXPECTED IN A RANGE OF AROUND
6
PERCENT TO 8 PERCENT

Source text for Eikon:  ID:nEQ2mK5xwa 
Further company coverage:  ED4.DE 

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