Brief: Elringklinger FY Adj. EBIT At EUR 100.1 Mln

ElringKlinger AG

13/03/2024 06:33

March 13 (Reuters) - ELRINGKLINGER AG  ZILGn.DE :
    * ELRINGKLINGER PRESENTS PRELIMINARY RESULTS FOR 2023
FINANCIAL
YEAR: INCREASED PROFITABILITY, IMPROVED CASH FLOW
    * ELRINGKLINGER AG - ADJUSTED EBIT AT EUR 100.1 MILLION
(2022: EUR
68.4 MILLION), ADJUSTED EBIT MARGIN OF 5.4% (2022: 3.8%) AT
UPPER END OF GUIDANCE RANGE
    * ELRINGKLINGER AG - REVENUE EXPANDS BY 2.7% TO EUR 1,847
MILLION
(2022: EUR 1,798 MILLION), ORGANIC REVENUE GROWTH OF 4.6%
    * ELRINGKLINGER AG - NET FINANCIAL DEBT SCALED BACK TO EUR
323
MILLION (2022: EUR 364 MILLION), NET DEBT/EBITDA RATIO AT 1.6
(2022: 2.1)
    * ELRINGKLINGER AG - OPERATING FREE CASH FLOW UP
SUBSTANTIALLY AT
EUR 36.7 MILLION (2022: EUR 14.8 MILLION)

Source text for Eikon:  ID:nEQ25rV9a 
Further company coverage:  ZILGn.DE 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))