Brief: Jost Werke ​​​​​​Raises 2020 Guidance For Sales And Earnings

Jost Werke SE

10/12/2020 06:57

Dec 10 (Reuters) - JOST Werke AG  JSTG.DE :
    * SAID ON WEDNESDAY IT RAISED GUIDANCE FOR SALES AND
EARNINGS FOR
FISCAL YEAR 2020
    * SALES IN 2020 TO GROW IN A SINGLE-DIGIT PERCENTAGE RANGE
COMPARED TO PREVIOUS YEAR (PREVIOUS OUTLOOK: DECLINE IN A
SINGLE-DIGIT PERCENTAGE RANGE)
    * ADJUSTED EBIT MARGIN IN 2020 EXPECTED TO BE HIGHER THAN
8.5%
(PREVIOUS OUTLOOK: ADJUSTED EBIT MARGIN HIGHER THAN 7.0%)
    * ADJUSTED EBITDA MARGIN IN 2020 EXPECTED TO BE HIGHER THAN
12.0%
(PREVIOUS OUTLOOK: ADJUSTED EBITDA MARGIN HIGHER THAN 10.0%)

Source text for Eikon:  ID:nEQcd594Va 
Further company coverage:  JSTG.DE 

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