Brief: Surteco Group Q1 Sales 213 Of Million EUR

Surteco SE

29/04/2022 06:33

April 29 (Reuters) - Surteco Group SE  SURG.DE :
    * DGAP-NEWS: SURTECO GROUP SE: SALES INCREASE OF 13 % TO €
213
MILLION IN THE FIRST QUARTER. EBIT AT € 20.2 MILLION IS 6 %
BELOW THE YEAR-EARLIER LEVEL AS A RESULT OF INCREASES IN THE
PRICES OF MATERIALS.
    * Q1 EBIT FELL 6 PERCENT TO 20.2 MILLION EUR
    * Q1 SALES 213 MILLION EUR
    * Q1 NET PROFIT CAME DOWN BY 5 % TO EUR 13.6 MILLION (Q1
2021: EUR
14.3 MILLION).
    * OUTLOOK 2022: GROUP EBIT IS FORECAST IN RANGE FROM EUR 55
MILLION TO EUR 65 MILLION
    * ASSUMES SALES REVENUES OF BETWEEN EUR 730 MILLION AND EUR
750
MILLION FOR YEAR 2022 AS A WHOLE. GROUP EBIT IS FORECAST IN
RANGE FROM EUR 55 MILLION TO EUR 65 MILLION.
    * OUTLOOK 2022: ASSUMES SALES REVENUES OF BETWEEN EUR 730
MILLION
AND EUR 750 MILLION FOR YEAR 2022 AS A WHOLE
    * EARNINGS PER SHARE ACHIEVED EUR 0.88 AFTER EUR 0.92 IN
YEAR-EARLIER QUARTER

Source text for Eikon:  ID:nEQ3dTVSPa 
Further company coverage:  SURG.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))