Brief: Indus Holding Reduces Sales And EBIT Forecast For FY 2024

Indus Holding AG

31/07/2024 10:55

July 31 (Reuters) - INDUS HOLDING AG  INHG.DE :
    * REDUCES SALES AND EBIT FORECAST FOR THE 2024 FINANCIAL
YEAR
    * NOW EXPECTS GROUP SALES OF EUR 1.70 BILLION TO EUR 1.80
BILLION
(PREVIOUSLY: EUR 1.85 BILLION TO EUR 1.95 BILLION)
    * FY24 BOARD OF MANAGEMENT NOW EXPECTS GROUP SALES OF EUR
1.70
BILLION TO EUR 1.80 BILLION
    * EBIT MARGIN IS NOW EXPECTED TO BE IN RANGE OF 7.0% TO 8.0%
(PREVIOUSLY: 7.5% TO 8.5%)
    * NOW SEES 2024 OPERATING INCOME (EBIT) OF BETWEEN EUR 125
MILLION
AND EUR 145 MILLION (PREVIOUSLY: BETWEEN EUR 145 MILLION AND EUR
165 MILLION)

Source text for Eikon:  ID:nEQ2q4n7pa 
Further company coverage:  INHG.DE 

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