Brief: FACC Preliminary FY Revenue At EUR 497.6 Mln

FACC AG

24/02/2022 06:18

Feb 24 (Reuters) - FACC AG  FACC.VI :
    * PRELIMINARY RESULTS FOR THE FINANCIAL YEAR 2021
    * FY EBIT 4.3 MILLION EUR
    * FY REVENUE OF EUR 497.6 MILLION IN LINE WITH MANAGEMENT
FORECASTS, OPERATIONAL TURNAROUND IMPLEMENTED AS PLANNED
    * OUTLOOK FOR 2022: ABOVE-AVERAGE REVENUE GROWTH OF
APPROXIMATELY
10% EXPECTED; MANAGEMENT FOCUS ON ROUGHLY TRIPLING OPERATING
EBIT.
    * FY FREE CASH FLOW: EUR 70.5 MILLION
    * IS HIRING MORE THAN 200 NEW MEMBERS OF STAFF AT ITS SITES
IN
UPPER AUSTRIA AND IS SET TO INVEST EUR 150 MILLION OVER NEXT 5
YEARS

Source text for Eikon:  ID:nEQ8nnD9Wa 
Further company coverage:  FACC.VI 

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