Brief: Progress Werk Oberkirch Raises New Business Forecast And Intends To Expand Capacity In Eastern Europe

PWO AG

09/06/2022 16:59

June 9 (Reuters) - PROGRESS WERK OBERKIRCH AG  PWOG.DE :
    * PWO RAISES NEW BUSINESS FORECAST DUE TO HIGH LEVEL TO DATE
AND
INTENDS TO EXPAND CAPACITY IN EASTERN EUROPE
    * LIFETIME VOLUME OF CIRCA EUR 405 MILLION GAINED IN FIRST 5
MONTHS OF 2022
    * NEW ANNUAL FORECAST FOR NEW BUSINESS: CLOSE TO EUR 600
MILLION
    * GROUP'S STRATEGIC ALIGNMENT BEING ADJUSTED REGIONALLY
    * CAPACITY TO BE EXPANDED IN EASTERN EUROPE WITH ADDITIONAL
LOCATION
    * NOW EXPECTS TO GAIN A NEW BUSINESS VOLUME CLOSE TO EUR 600
MILLION (PREVIOUSLY: MORE THAN EUR 500 MILLION) IN YEAR AS A
WHOLE

Source text for Eikon:  ID:nEQ335xvza 
Further company coverage:  PWOG.DE 

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