Brief: Indus Holding H1 EBITDA At EUR 102.5 Mln

Indus Holding AG

10/08/2022 06:34

Aug 10 (Reuters) - INDUS HOLDING AG  INHG.DE :
    * RELEASES H1 2022 RESULTS
    * H1 SALES AT 944.9 MILLION EUR (850.3 MILLION EUR IN H1
2021)
    * H1 EBITDA AT 102.5 MILLION EUR (102.4 MILLION EUR IN H1
2021)
    * H1 EBIT MARGIN AT 5.4% (6.6% IN H1 2021)
    * H1 EARNINGS PER SHARE AT 0.76 EUR (1.16 EUR IN H1 2021)
    * H1 EBIT AT 51.1 MILLION EUR (56.3 MILLION EUR IN H1 2021)
    * OUTLOOK 2022: OVERALL STABLE DEVELOPMENT IN H2 EXPECTED
    * OUTLOOK 2022: RAISING FORECAST FOR FULL FINANCIAL YEAR
2022 DUE
TO INFLATION-RELATED PASSING ON OF PRICE INCREASES IN PORTFOLIO
COMPANIES
    * OUTLOOK 2022: EBIT EXPECTED TO DECLINE DUE TO NEGATIVE
IMPACT OF
HIGHER MATERIAL PRICES IN AUTOMOTIVE TECHNOLOGY SEGMENT -
BETWEEN EUR 100 MILLION AND EUR 115 MILLION
    * H1 2022 RESULTS - SALES UP BY APPROX. 11%
    * OUTLOOK 2022: ANTICIPATE DEBT REPAYMENT PERIOD (NET
DEBT/EBITDA)
OF THREE YEARS FOR 2022 FINANCIAL YEAR

Further company coverage:  INHG.DE 

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