Brief: Progress Werk Oberkirch FY Revenues Of EUR 110.2 Million

PWO AG

23/04/2021 08:12

April 23 (Reuters) - PROGRESS WERK OBERKIRCH AG  PWOG.DE :
    * PWO REPORTS ENCOURAGING FIRST QUARTER OF 2021 AND RAISES
FULL-YEAR GUIDANCE
    * FORECAST RAISED FOR REVENUE AND EBIT BEFORE CURRENCY
EFFECTS
    * FY REVENUES OF EUR 110.2 MILLION (PREVIOUS YEAR: EUR 108.8
MILLION)
    * EBIT INCLUDING CURRENCY EFFECTS OF EUR 5.9 MILLION
(PREVIOUS
YEAR: EUR 6.1 MILLION) IN Q1 OF 2021
    * Q1 EBIT BEFORE CURRENCY EFFECTS AMOUNTED TO EUR 5.7
MILLION
(PREVIOUS YEAR: EUR 6.8 MILLION)
    * OUTLOOK 2021: REVENUE TO GROW TO EUR 400 - 410 MILLION
(PREVIOUS
FORECAST: AROUND EUR 380 MILLION; P/Y: EUR 371.2 MILLION)
    * OUTLOOK 2021: EBIT BEFORE CURRENCY EFFECTS OF EUR 15 - 18
MILLION (PREVIOUS FORECAST: POSITIVE IN LOW DOUBLE-DIGIT MILLION
RANGE; P/Y: EUR -8.1 MILLION)

Source text for Eikon:  ID:nEQ8hT9Cwa 
Further company coverage:  PWOG.DE 

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