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JUN3 Jungheinrich AG News Story

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Brief: Jungheinrich Signs Contract For Sale Of Its Russian Subsidiary, Adjusts 2025 Outlook

July 21 (Reuters) - JUNGHEINRICH AG JUNG_p.DE:

OUTLOOK FY EBIT EUR 160-230 MILLION

OUTLOOK FY ORDERS EUR 5,300-5,900 MILLION

OUTLOOK FY REVENUE EUR 5,300-5,900 MILLION

SIGNS CONTRACT FOR THE SALE OF ITS RUSSIAN SUBSIDIARY AND ADJUSTS FORECAST FOR THE 2025 FINANCIAL YEAR

AGREED SALE PRICE FOR JUNGHEINRICH'S RUSSIAN SUBSIDIARY IS THEREFORE SIGNIFICANTLY BELOW BOOK VALUE OF PARTICIPATION AS OF 31 DECEMBER 2024.

SALE COMPLETION IS CURRENTLY EXPECTED TO OCCUR IN Q4 OF 2025

Source text: ID:nEQ1L8KMpa

Further company coverage: [JUNG_p.DE]

 (Gdansk Newsroom)

 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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