Brief: ElringKlinger Q1 EBIT At EUR 48.4 Mln

ElringKlinger AG

16/04/2021 12:18

April 16 (Reuters) - ELRINGKLINGER AG  ZILGn.DE :
    * POSTS PRELIMINARY RESULTS FOR THE FIRST QUARTER OF 2021:
STRONG
START TO THE YEAR
    * Q1 EBIT 48.4 MILLION EUR VERSUS 16 MILLION EUR YEAR AGO
    * Q1 REVENUE 424 MILLION EUR VERSUS 396 MILLION EUR YEAR AGO
    * OUTLOOK FOR OTHER KEY FINANCIAL INDICATORS REMAINS
UNCHANGED
FROM STATEMENTS MADE IN 2020 ANNUAL REPORT.
    * ADJUSTING ITS GUIDANCE FOR CURRENT FINANCIAL YEAR.
    * ORGANIC REVENUE IS STILL EXPECTED TO DEVELOP ROUGHLY IN
LINE
WITH MARKET LEVELS, EBIT MARGIN IS NOW PROJECTED AT AROUND 5 TO
6% (PREVIOUSLY: AROUND 4 TO 5%)

Source text for Eikon:  ID:nEQ9C9Tdwa 
Further company coverage:  ZILGn.DE 

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