Brief: JOST Werke Q3 Adjusted EBIT Up At EUR 24.3 Mln

Jost Werke SE

11/11/2021 07:10

Nov 11 (Reuters) - JOST WERKE AG  JSTG.DE :
    * TARGETS RECORD SALES OF EUR 1 BILLION FOR FISCAL YEAR 2021
-
STRONG SALES AND PROFIT GROWTH ACHIEVED IN THE THIRD QUARTER OF
2021
    * SALES IN Q3 2021 UP 27.9% TO EUR 251.8 MILLION (Q3 2020:
EUR
196.9 MILLION)
    * Q3 ADJUSTED EBIT UP 19.6% TO EUR 24.3 MILLION (Q3 2020:
EUR 20.3
MILLION)
    * Q3 ADJUSTED EARNINGS AFTER TAXES UP 29.7% TO EUR 15.3
MILLION
(Q3 2020: EUR 11.8 MILLION).
    * FREE CASH FLOW IN Q3 2021 AT EUR +18.0 MILLION (Q3 2020:
EUR
+31.6 MILLION)
    * OUTLOOK FOR 2021 INCREASED: CONSOLIDATED SALES TO GROW BY
MORE
THAN 25% IN 2021 (PREVIOUSLY: LOW DOUBLE-DIGIT SALES GROWTH)
    * OUTLOOK 2021: ADJUSTED EBIT TO INCREASE BY MORE THAN 30%
OUTPACING SALES GROWTH (PREVIOUSLY: LOW DOUBLE-DIGIT EARNINGS
GROWTH)

Source text for Eikon:  ID:nEQ72PQHa 
Further company coverage:  JSTG.DE 

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