Brief: Semperit 9-Mth EBIT Up At EUR 159.9 Mln

Semperit Holding AG

19/11/2020 07:04

Nov 19 (Reuters) - SEMPERIT AG HOLDING  SMPV.VI :
    * 9-MONTH REVENUE ROSE 0.8 PERCENT TO 657.2 MILLION EUR
    * 9-MONTH CONSOLIDATED REVENUE SLIGHTLY INCREASES BY 0.8% TO
EUR
657.2 MILLION
    * 9-MONTH EBITDA ALMOST DOUBLED TO EUR 118.5 MILLION; EBITDA
MARGIN AT 18.0% AFTER 9.3% ALSO ALMOST TWICE AS HIGH
    * 9-MONTH EBIT SIGNIFICANTLY IMPROVED TO EUR 159.9 MILLION
    * 9-MONTH ADJUSTED EBIT OF EUR 92.6 MILLION MORE THAN
TRIPLED
    * ANNUAL FORECAST FOR 2020 REPEATEDLY REVISED UPWARDS
    * 9-MONTH EBIT MARGIN INCREASED FROM -2.1% TO 24.3%
    * FURTHER EARNINGS IMPROVEMENT POSSIBLE IN 2021
    * GROUP'S EBITDA FOR FULL YEAR WILL RANGE BETWEEN EUR 200.0
AND
225.0 MILLION
    * GROUP'S EBIT IS THEREFORE EXPECTED TO BE BETWEEN EUR 230.0
AND
255.0 MILLION FOR FULL YEAR 2020

Source text for Eikon:  ID:nAPAccTMx7 
Further company coverage:  SMPV.VI 

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