Brief: JOST Werke: 9-Mth Sales Up At EUR 960.9 Mln
03/11/2022 15:13
Nov 3 (Reuters) - JOST WERKE AG JSTG.DE :
* RAISES GUIDANCE FOR FISCAL YEAR 2022 AND PUBLISHES
PRELIMINARY
INTERIM RESULTS FOR THE FIRST NINE MONTHS OF 2022
* SALES 9M 2022 INCREASE BY 22.8% TO EUR 960.9 MILLION
* ADJUSTED EBIT 9M 2022 GROWS BY 15.4% TO EUR 96.9 MILLION
* OUTLOOK FOR SALES AND ADJUSTED EBIT RAISED
* DUE TO PRICE INCREASES IMPLEMENTED DURING 2022 TO PASS ON
RISING
COSTS TO CUSTOMERS, SALES ARE EXPECTED TO GROW AT A FASTER PACE
THAN ADJUSTED EBIT
* FORECASTS IN FY 2022 ADJUSTED EBIT WILL INCREASE BY HIGH
SINGLE-DIGIT PERCENTAGE RANGE COMPARED TO PREVIOUS YEAR
(PREVIOUS FORECAST: INCREASE IN MID SINGLE-DIGIT PERCENTAGE
RANGE | ADJUSTED EBIT 2021: EUR 104.8 MILLION)
* OUTLOOK 2022: ANTICIPATES EXCEEDING SALES MARK OF EUR 1.2
BILLION FOR FIRST TIME
Source text for Eikon: ID:nEQ9yKHJva
Further company coverage: JSTG.DE
(Gdansk Newsroom)
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