Brief: Jost Werke Proposes Dividend Of EUR 1.40 Per Share

Jost Werke SE

28/03/2023 07:02

March 28 (Reuters) - JOST WERKE SE  JST.DE :
    * CLOSES FISCAL YEAR 2022 WITH RECORD PROFIT OF EUR 60
MILLION AND
PROPOSES DIVIDEND OF EUR 1.40 PER SHARE
    * FY ADJUSTED EBIT ROSE 18.1 PERCENT TO 123.8 MILLION EUR
    * FY ADJUSTED EARNINGS PER SHARE ROSE 16.8 PERCENT TO 5.41
EUR
    * FY EARNINGS PER SHARE ROSE 36.7 PERCENT TO 4.02 EUR
    * PROPOSES A DIVIDEND OF EUR 1.40 PER SHARE (2021: EUR 1.05)
    * FURTHER GROWTH EXPECTED IN 2023: SALES AND ADJUSTED EBIT
TO
INCREASE BY A LOW SINGLE-DIGIT PERCENTAGE COMPARED WITH 2022 AND
ADJUSTED EBIT MARGIN TO IMPROVE SLIGHTLY
    * CHIEF FINANCIAL OFFICER DR. CHRISTIAN TERLINDE LEAVES JOST
AT
HIS OWN REQUEST AS OF JUNE 30, 2023
    * APPOINTS OLIVER GANTZERT AS CHIEF FINANCIAL OFFICER AS OF
SEPTEMBER 1, 2023
    * FY SALES INCREASE BY 20.6% TO EUR 1,264.6 MILLION (2021:
EUR
1,048.6 MILLION)
    * FY EARNINGS AFTER TAX IN FISCAL 2022 GREW BY 36.4% TO EUR
59.8
MILLION (2021: EUR 43.9 MILLION)

Source text for Eikon:  ID:nEQ5cw3wha 
Further company coverage:  JST.DE 

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