Brief: PSI Says Adjusts Annual Targets Due To Business Performance In Electrical Grids Business

PSI Software SE

04/10/2022 17:14

Oct 4 (Reuters) - Psi  PSAGn.DE :
    * ADJUSTS ANNUAL TARGETS DUE TO BUSINESS PERFORMANCE IN THE
ELECTRICAL GRIDS BUSINESS
    * SAYS EXECUTIVE BOARD CONTINUES TO AIM FOR LONG-TERM TARGET
OF 54
MILLION EUROS EBIT FOR 2026, IRRESPECTIVE OF SHORT-TERM ECONOMIC
FLUCTUATIONS
    * FOR 2023, PSI EXECUTIVE BOARD PLANS A RETURN TO LONG-TERM
GROWTH
AND EARNINGS INCREASE TREND
    * BOARD DECIDED TO ADJUST ANNUAL TARGET FOR EBIT TO 20
MILLION
EUROS

Source text for Eikon:  ID:nEQ1jxl2da 
Further company coverage:  PSAGn.DE 
 ((Reuters.Briefs@thomsonreuters.com;))