Brief: Friedrich Vorwerk H1 Adjusted EBIT Up at EUR 21.3 Million

Friedrich Vorwerk Se

20/08/2021 06:32

Aug 20 (Reuters) - FRIEDRICH VORWERK GROUP SE  VH2.DE :
    * FRIEDRICH VORWERK INCREASES ADJUSTED EBIT BY 49% TO €21.3
MILLION IN THE FIRST HALF OF THE YEAR WITH STABLE SALES AND
GIVES FORECAST FOR 2021
    * H1 ADJUSTED EBIT ROSE 49 PERCENT TO 21.3 MILLION EUR
    * SALES IN FIRST HALF OF YEAR WERE JUST BELOW PREVIOUS
YEAR'S
FIGURE OF EUR 137.4 MILLION
    * AT EUR 104.1 MILLION, ORDER INTAKE IN FIRST HALF OF YEAR
WAS
19.4% DOWN ON PREVIOUS YEAR
    * OUTLOOK 2021: SALES OF EUR 270 TO EUR 300 MILLION
    * ADJUSTED EBIT MARGIN IN SECOND HALF OF YEAR IS EXPECTED TO
BE
16%

Source text for Eikon:  ID:nEQ2c7MB9a 
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