Brief: Semperit Holding 9-Month EBITDA Up At EUR 324.3 Mln

Semperit Holding AG

17/11/2021 06:34

Nov 17 (Reuters) - SEMPERIT AG HOLDING  SMPV.VI :
    * REPORTS RECORD EARNINGS IN THE FIRST THREE QUARTERS OF
2021 AMID
DIFFICULT MARKET CONDITIONS
    * 9M EBITDA 324.3 MILLION EUR VERSUS 118.5 MILLION EUR YEAR
AGO
    * REVENUE AT GROUP LEVEL UP 40.9% IN 9 MONTH 2021 TO EUR
962.1
MILLION
    * CONTINUES TO ASSUME THAT GROUP'S EBITDA FOR FULL YEAR 2021
WILL
BE SIGNIFICANTLY ABOVE EBITDA FOR 2020
    * 9-MONTH EBITDA ALMOST TRIPLED FROM EUR 118.5 MILLION TO
EUR
324.3 MILLION; EBITDA MARGIN ALMOST DOUBLED AT 35% (Q1-3 2020:
18%)
    * FREE CASH FLOW ADJUSTED FOR USD TERM DEPOSITS MORE THAN
DOUBLED
IN Q1-3 2021 TO EUR 208.3 MILLION (Q1-3 2020:EUR 98.8 MILLION)
    * 9-MONTH EBIT EUR 290.0 MILLION
    * OUTLOOK 2021: GROUP IS EXPECTED TO FALL SHORT OF FIGURE OF
EUR
395 MILLION FORECAST IN MARCH BY A SINGLE-DIGIT PERCENTAGE

Source text for Eikon:  ID:nEQ1pHhJHa 
Further company coverage:  SMPV.VI 

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