Brief: Krones H1 EBT At EUR 113.2 Mln

Krones AG

02/08/2022 06:38

Aug 2 (Reuters) - KRONES AG  KRNG.DE :
    * H1 ORDER INTAKE UP BY 52.0% IN FIRST HALF YEAR TO EUR
3,106.4
MILLION
    * AT EUR 3,014.6 MILLION, ORDER BACKLOG AS OF 30 JUNE 2022
WAS
ALMOST TWICE AS HIGH AS IN PREVIOUS YEAR
    * EBITDA IMPROVED BY 27.2% IN FIRST HALF YEAR TO EUR 175.1
MILLION. EBITDA MARGIN ROSE TO 8.8% (PREVIOUS YEAR: 8.0%)
    * FOR FULL YEAR, KRONES HAS CONFIRMED GUIDANCE ISSUED IN
SPRING
    * REVENUE GROWTH ACCELERATED IN Q2 (+18.0%)
    * REVENUE FROM JANUARY TO JUNE 2022 INCREASED BY 15.4% TO
EUR
1,984.8 MILLION
    * IN TOTAL, KRONES GENERATED CONSOLIDATED NET INCOME OF EUR
83.2
MILLION IN FIRST HALF OF 2022, AN INCREASE OF 46.2% (PREVIOUS
YEAR: EUR 56.9 MILLION)
    * H1 EARNINGS PER SHARE INCREASED TO EUR 2.63 (PREVIOUS
YEAR: EUR
1.80)
    * H1 EARNINGS BEFORE TAXES (EBT) WENT UP BY 49.5%, FROM EUR
75.7
MILLION TO EUR 113.2 MILLION. THIS CORRESPONDS TO AN EBT MARGIN
OF 5.7% (PREVIOUS YEAR: 4.4%)
    * KRONES' REVENUE GROWTH ACCELERATED IN Q2. BETWEEN APRIL
AND
JUNE, REVENUE INCREASED BY 18.0% YEAR-ON-YEAR. IN FIRST
HALF-YEAR, REVENUE WENT UP BY A TOTAL OF 15.4%, FROM EUR 1,720.1
MILLION IN PREVIOUS YEAR TO EUR 1,984.8 MILLION
    * OUTLOOK 2022: GUIDANCE IS SUBJECT TO RESERVATION THAT WAR
IN
UKRAINE DOES NOT FURTHER ESCALATE, CORONAVIRUS SITUATION DOES
NOT WORSEN AND THERE ARE NO SIGNIFICANT ENERGY SHORTAGES

Source text for Eikon:  ID:nEQ9sXMy8a 
Further company coverage:  KRNG.DE 

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