Brief: EDAG Engineering Group Revises 2024 Revenue Outlook To Range Of Previous Year To -3 Percent

EDAG Engineering AG

06/11/2024 18:43

Nov 6 (Reuters) - EDAG Engineering Group AG  ED4.DE :
    * EQS-ADHOC: EDAG ENGINEERING GROUP AG: RESULTS Q3 2024 UND
REVISION OF OUTLOOK FOR FISCAL YEAR 2024
    * EDAG ENGINEERING GROUP AG: DECIDED ON RESTRUCTURING
MEASURES IN
AMOUNT OF 25 TO 35 MILLION EUROS TO ADJUST COST BASE
SUSTAINABLY.
    * EDAG ENGINEERING GROUP AG - REVISES 2024 REVENUE OUTLOOK
TO
RANGE OF PREVIOUS YEAR TO -3 PERCENT
    * EDAG ENGINEERING GROUP AG - REVISES 2024 ADJUSTED EBIT
MARGIN
OUTLOOK TO 4-5 PERCENT
    * EDAG ENGINEERING GROUP AG: RESTRUCTURING WILL NOT HAVE A
NEGATIVE IMPACT ON GROUP'S ADJUSTED EBIT BUT ON EARNINGS AFTER
TAXES 2024.

Source text:  ID:nEQb74WNPa 
Further company coverage:  ED4.DE 

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