Brief: SLM Solutions Group Announces Guidance For FY 2022

Nikon SLM Solutions AG

10/11/2021 17:24

Nov 10 (Reuters) - SLM SOLUTIONS GROUP AG  AM3D.DE :
    * ANNOUNCES GUIDANCE FOR FINANCIAL YEAR 2022
    * EXPECTS REVENUE FOR FY2022 TO BE AT LEAST EUR 100.0
MILLION, AN
>35% INCREASE COMPARED TO EXPECTED REVENUE FOR FY2021. FY 2021
REVENUE IS EXPECTED TO BE AT LEAST EUR 71 MILLION, IN LINE WITH
ITS GUIDANCE PROVIDED IN FEBRUARY 2021
    * EXPECTS EBITDA FOR FY 2022 TO IMPROVE MATERIALLY COMPARED
TO FY
2021, REACHING A POSITIVE EBITDA ON A QUARTERLY BASIS IN SECOND
HALF OF FISCAL YEAR 2022
    * BASES ITS 2022 GUIDANCE ON ASSUMPTIONS THAT CURRENT SUPPLY
CHAIN
CONSTRAINTS WILL EASE IN SECOND HALF OF 2022, SLM'S KEY MARKETS
IN EUROPE, US AND ASIA DO NOT EXPERIENCE ANY SIGNIFICANT
COVID-19 RESTRICTIONS AND THAT COMPANY IS ABLE TO RAMP-UP ITS
PRODUCTION OF NXG XII 600 AS PLANNED
    * MANAGEMENT AIMS TO INCREASE REVENUE FIVE-FOLD BY END OF
2026
COMPARED TO REVENUES EXPECTED FOR FY 2021

Source text for Eikon:  ID:nEQbVDvjca 
Further company coverage:  AM3D.DE 

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