Brief: Elringklinger Agrees With Certina Group To Sale Two Group Companies And Adjusts FY Guidance

ElringKlinger AG

07/10/2024 11:51

Oct 7 (Reuters) - ELRINGKLINGER AG  ZILGn.DE :
    * ELRINGKLINGER AG: NON-CASH IMPAIRMENT LOSSES RELATING TO
THE
SALE OF TWO GROUP COMPANIES AND ADJUSTMENT TO THE ANNUAL
GUIDANCE
    * ELRINGKLINGER AG - TO SELL TWO GROUP COMPANIES TO CERTINA
GROUP
    * ELRINGKLINGER AG - TRANSACTION CLOSING EXPECTED BEFORE END
OF
2024, SUBJECT TO ANTITRUST APPROVAL
    * ELRINGKLINGER AG - PLANTS GENERATED APPROXIMATELY EUR 175
MILLION REVENUE IN 2023
    * ELRINGKLINGER AG - EXPECTS ROCE FOR 2024 TO BE
SIGNIFICANTLY
BELOW PREVIOUS YEAR'S LEVEL OF 5.6%

Source text for Eikon:  ID:nEQ8l8Zzsa 
Further company coverage:  ZILGn.DE 

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