Brief: Maschinenfabrik Berthold Hermle FY Operating Result At EUR 74 Mln

Maschinenfabrik Berthold Hermle AG

16/03/2022 10:53

March 16 (Reuters) - MASCHINENFABRIK BERTHOLD HERMLE AG
 MBHG_p.F :
    * SALES INCREASED BY MORE THAN 26% TO A GOOD EUR 375 MILLION
IN
2021 (PREVIOUS YEAR: EUR 296.9 MILLION).
    * OUTLOOK 2022: EXPECTS SALES TO INCREASE BY AT LEAST 10% IN
2022
    * FY OPERATING RESULT ROSE BY AROUND 36 % TO AROUND 74
MILLION
    * TO PROPOSE DIVIDEND OF 0.80 EUROS PER ORDINARY SHARE AND
0.85
EUROS PER PREFERENCE SHARE PLUS A HIGHER PLUS A HIGHER BONUS OF
8.20 EUROS PER SHARE (PREVIOUS YEAR 4.20 EUROS)
    * CONCRETE RISKS FROM THE DEFAULT OF RECEIVABLES FROM
RUSSIAN
CUSTOMERS AND FROM THE LOSS OF ALL COMPANY ASSETS IN RUSSIA,
WHICH ARE EXPECTED TO LEAD TO BALANCE SHEET BURDENS OF AROUND
EUR 5 MILLION
    * 2022 OPERATING PROFIT IS EXPECTED TO BE DISPROPORTIONATELY
LOW
DUE TO MASSIVE INCREASES IN MATERIAL AND ENERGY COSTS

Source text for Eikon:  ID:nEQ247KyFa 
Further company coverage:  MBHG_p.F 

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