Brief: Jost Werke Q2 Earnings After Taxes At EUR 20.9 Mln

Jost Werke SE

14/08/2023 07:03

Aug 14 (Reuters) - JOST WERKE SE  JST.DE :
    * JOST CONTINUES ITS SUCCESSFUL GROWTH WITH SIGNIFICANTLY
HIGHER
PROFITABILITY
    * SALES GROWTH ACHIEVED: SALES INCREASE BY 2.6% TO EUR 330.4
MILLION (Q2 2022: EUR 322.0 MILLION)
    * Q2
    * Q2
    * ADJUSTED EBIT GROWS FASTER THAN SALES: ADJUSTED EBIT UP
16.3% TO
EUR 37.3 MILLION (Q2 2022: EUR 32.1 MILLION)
    * POSITIVE OUTLOOK FOR 2023 CONFIRMED
    * IN Q2 OF 2023, ADJUSTED EARNINGS BEFORE INTEREST AND TAXES
(EBIT) SIGNIFICANTLY OUTPACED SALES GROWTH WITH AN INCREASE OF
16.3% TO EUR 37.3 MILLION (Q2 2022: EUR 32.1 MILLION)
    * Q2 AS A RESULT, JOST'S ADJUSTED EBIT MARGIN IMPROVED BY
1.3
PERCENTAGE POINTS TO 11.3% IN Q2 OF 2023 (Q2 2022: 10.0%)
    * Q2 EARNINGS AFTER TAXES IN Q2 OF 2023 IMPROVED BY 28.6% TO
EUR
20.9 MILLION (Q2 2022: EUR 16.2 MILLION)

Source text for Eikon:  ID:nEQQ9pCra 
Further company coverage:  JST.DE 

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