Brief: Indus Holding Sees H1 Sales At EUR 839.1 Mln

Indus Holding AG

13/08/2024 06:57

Aug 13 (Reuters) - INDUS HOLDING AG  INHG.DE :
    * H1 SALES AT EUR 839.1 MILLION, EBIT AT EUR 64.1 MILLION
    * Q2 EBIT MARGIN AT 8.7%
    * WE ARE CONFIDENT THAT WE WILL FULLY UTILIZE OUR ANNUAL M&A
BUDGET OF APPROXIMATELY EUR 70 MILLION
    * FY OUTLOOK: INDUS NOW PROJECTS SALES OF BETWEEN EUR 1.70
BILLION
AND EUR 1.80 BILLION (PREVIOUSLY: EUR 1.85 BILLION TO EUR 1.95
BILLION)
    * OPERATING INCOME (EBIT) OF BETWEEN EUR 125 MILLION AND EUR
145
MILLION (PREVIOUSLY: EUR 145 MILLION TO EUR 165 MILLION) FOR
2024
    * FY OUTLOOK: EBIT MARGIN IS EXPECTED TO STAND BETWEEN 7.0%
AND
8.0% (PREVIOUSLY: 7.5% TO 8.5%)
    * OUTLOOK 2024: FREE CASH FLOW FORECAST REMAINS UNCHANGED AT
OVER
EUR 110 MILLION

Source text for Eikon:  ID:nEQ2qM2nZa 
Further company coverage:  INHG.DE 

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