Brief: Manitou Targets Revenues Of More Than 2.5 Billion Euros By 2025

Manitou Bf SA

12/01/2021 16:58

Jan 12 (Reuters) - Manitou BF SA  MANP.PA :
    * PRESENTATION OF THE GROUP NEW ROADMAP "NEW HORIZONS 2025"
    * HAS SET ITSELF THE OBJECTIVE OF ACHIEVING THE FOLLOWING BY
2025:
- REVENUES OF MORE THAN 2.5 BILLION EUROS
    * HAS SET ITSELF THE OBJECTIVE OF ACHIEVING 2025: RECURRING
EBITDA
OF MORE THAN 10% OF SALES
    * EXPECTS TO INVEST AROUND €460 MILLION OVER THE DURATION OF
THE
PLAN
    * OBJECTIVE OF ACHIEVING BY 2025: RECURRING OPERATING PROFIT
OF
MORE THAN 8% OF SALES
    * AS OF JANUARY 2021, GROUP IS ORGANIZED INTO TWO DIVISIONS,
THE
PRODUCT DIVISION AND THE SERVICES AND SOLUTIONS DIVISION
    * VERY GOOD ORDER INTAKE DYNAMIC OBSERVED DURING THE THIRD
QUARTER
WAS STRONGLY AMPLIFIED AT THE END OF THE YEAR - CEO

Source text: https://bit.ly/3shC9y8
Further company coverage:  MANP.PA 

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