Brief: Elringklinger Q1 EBIT Down At EUR 14.1 Million

ElringKlinger AG

05/05/2022 06:40

May 5 (Reuters) - ELRINGKLINGER AG  ZILGn.DE :
    * RECORDS REVENUE GROWTH IN FIRST QUARTER OF 2022
    * Q1 REVENUE 434.6 MILLION EUR
    * GROUP REVENUE UP BY 2.5% TO EUR 434.6 MILLION IN Q1
DESPITE
DIFFICULT ECONOMIC ENVIRONMENT (Q1 2021: EUR 424.1 MILLION)
    * Q1 EBIT OF EUR 14.1 MILLION DOWN YEAR ON YEAR MAINLY DUE
TO
HIGHER MATERIAL-RELATED PRICES (Q1 2021: EUR 48.4 MILLION)
    * Q1 NET DEBT OF EUR 387.4 MILLION BELOW PRIOR-YEAR LEVEL
(Q1
2021: EUR 400.2 MILLION)
    * Q1 ORDER BACKLOG AT RECORD LEVEL OF EUR 1,530 MILLION
    * CONTRACT OF CEO DR. STEFAN WOLF EXTENDED AHEAD OF SCHEDULE
UNTIL
JANUARY 31, 2027

Source text for Eikon:  ID:nEQ5ZZSS8a 
Further company coverage:  ZILGn.DE 

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