Brief: Jost Werke FY Adjusted EBIT Up 43.2% To EUR 104.8 Million

Jost Werke SE

24/03/2022 07:04

March 24 (Reuters) - JOST Werke AG  JSTG.DE :
    * DGAP-NEWS: JOST WERKE AG: ​​​​​​​JOST CONFIRMS RECORD
RESULTS
FOR THE 2021 FISCAL YEAR AND PROPOSES A DIVIDEND OF EUR 1.05 PER
SHARE
    * FY SALES ROSE 32 PERCENT TO 1.049 BILLION EUR
    * PROPOSED DIVIDEND: EXECUTIVE BOARD PROPOSES A DIVIDEND OF
EUR
1.05 PER SHARE (2020: EUR 1.00)
    * INCREASED FY CONSOLIDATED SALES BY 32.0% TO EUR 1,048.6
MILLION
IN 2021 (2020: EUR 794.4 MILLION)
    * FURTHER GROWTH EXPECTED FOR 2022: SALES AND ADJUSTED EBIT
MARGIN
LIKELY TO GROW IN MID SINGLE-DIGIT PERCENTAGE PRANGE COMPARED TO
2021, WITH ADJUSTED EBIT MARGIN EXPECTED TO REMAIN STABLE
    * FY ADJUSTED EBIT CLIMBED BY 43.2% TO EUR 104.8 MILLION IN
2021
(2020: EUR 73.2 MILLION)
    * FY EBIT MARGIN WIDENED BY 0.8 PERCENTAGE POINTS TO 10.0%
(2020:
9.2%)

Source text for Eikon:  ID:nEQ2WvwL9a 
Further company coverage:  JSTG.DE 

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