Brief: JOST Werke Q1 Adjusted EBIT Up At EUR 34.4 Mln

Jost Werke SE

12/05/2022 07:05

May 12 (Reuters) - JOST WERKE AG  JSTG.DE :
    * STARTS SUCCESSFULLY INTO FISCAL YEAR 2022 AND ACHIEVES
RECORD
SALES AND RECORD EARNINGS IN THE FIRST QUARTER OF 2022
    * Q1 SALES ROSE 21.2 PERCENT TO 311.8 MILLION EUR
    * Q1 ADJUSTED EBIT AT RECORD LEVEL: ADJUSTED EBIT GROWS BY
15.5%
TO EUR 34.4 MILLION (Q1 2021: EUR 29.8 MILLION)
    * Q1 STRONG GROWTH ACHIEVED: SALES UP 21.2% TO EUR 311.8
MILLION
(Q1 2021: EUR 257.3 MILLION)
    * POSITIVE OUTLOOK FOR 2022 CONFIRMED
    * Q1 ADJUSTED EBIT MARGIN AT 11.0% DESPITE SIGNIFICANT
INCREASE IN
RAW MATERIAL, ENERGY, AND LOGISTICS COSTS (Q1 2021: 11.6%)

Source text for Eikon:  ID:nEQ4nwRDma 
Further company coverage:  JSTG.DE 

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