Brief: Knaus Tabbert Targets Sales To Grow To EUR 2 Bln By 2025

Knaus Tabbert AG

30/08/2021 07:30

Aug 30 (Reuters) - KNAUS TABBERT AG  KTAG.DE :
    * KNAUS TABBERT TARGETS SALES TO GROW TO 2 BILLION EURO BY
2025
    * INVESTMENT VOLUME OF OVER EUR 220 MILLION INTO EXPANSION
OF
PRODUCTION EXPECTED BY 2025
    * DOUBLING OF CAPACITIES TO 50,000 UNITS EXPECTED BY 2025
    * 2022 IS EXPECTED TO BE CONSIDERABLY ABOVE AVERAGE GROWTH
RATE
DUE TO HIGH ORDER BACKLOG OF EUR 1.2 BILLION AS OF JUNE 30, 2021
    * IS AIMING AN OPERATING PROFIT MARGIN IN RELATION TO
ADJUSTED
EBITDA OF AROUND 10 % FROM 2023
    * FURTHER INCREASES ARE EXPECTED FOR FOLLOWING YEARS
    * DIVIDEND POLICY PRACTICED TO DATE (DISTRIBUTION OF APPROX.
50 %
OF NET RESULT) WILL BE MAINTAINED

Source text for Eikon:  ID:nEQ5V1PN2a 
Further company coverage:  KTAG.DE 

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