Brief: Jost Werke Q3 Adjusted EBIT Up At EUR 20.3 Mln

Jost Werke SE

12/11/2020 07:04

Nov 12 (Reuters) - JOST WERKE AG  JSTG.DE :
    * ​​​​​​​JOST INCREASES SALES AND ADJUSTED EBIT IN Q3 2020
SUPPORTED BY THE ACQUISITION OF ÅLÖ AND A STRONG
ASIA-PACIFIC-AFRICA BUSINESS
    * Q3 EPS 0.30 EUR VERSUS 0.75 EUR YEAR AGO
    * Q3 ADJUSTED NET PROFIT 11.8 MILLION EUR VERSUS 12.8
MILLION EUR
YEAR AGO
    * Q3 ADJUSTED EPS 0.79 EUR VERSUS 0.86 EUR YEAR AGO
    * SALES Q3 2020 GROW BY 10.7% TO EUR 196.9 MILLION (Q3 2019:
EUR
177.8 MILLION)
    * ADJUSTED EBIT Q3 2020 INCREASES BY 7.0% TO EUR 20.3
MILLION (Q3
2019: EUR 19.0 MILLION)
    * ADJUSTED EBIT MARGIN Q3 2020 AGAIN AT DOUBLE-DIGIT LEVEL
OF
10.3% (Q3 2019: 10.7%)
    * STRONG FREE CASH FLOW GROWS TO EUR +31.6 MILLION (Q3 2019:
EUR
+29.9 MILLION)
    * FORECAST FOR 2020 FISCAL YEAR CONFIRMED

Source text for Eikon:  ID:nEQ459vVna 
Further company coverage:  JSTG.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;;))