Brief: Technotrans 9-month Revenue Up At EUR 156.6 Mln

technotrans SE

09/11/2021 06:06

Nov 9 (Reuters) - TECHNOTRANS SE  TTRGn.DE :
    * SIGNIFICANTLY INCREASES CONSOLIDATED REVENUE AND DOUBLES
EBIT IN
A TIGHT PROCUREMENT SITUATION
    * 9-MONTH GROUP REVENUE OF EUR 156.6 MILLION IS 10.7 % ABOVE
PREVIOUS YEAR
    * 9-MONTH EBIT ACHIEVED EUR 8.2 MILLION AND WAS INCREASED BY
AROUND 111 %
    * REVENUE FORECAST INCREASED TO EUR 207 MILLION
    * EXPECTED EBIT MARGIN BETWEEN 4.5 % AND 5.5 % CONFIRMED
    * 9-MONTH CONSOLIDATED EBIT INCREASED BY 110.9 % TO EUR 8.2
MILLION
    * 9-MONTH CONSOLIDATED NET PROFIT IN AMOUNT OF EUR 5.4
MILLION
EXCEEDED PREVIOUS YEAR BY 122.4 %
    * CONFIRMS MEDIUM-TERM TARGETS OF ORGANICALLY ACHIEVING A
REVENUE
IN A RANGE OF EUR 265 TO 285 MILLION WITH AN EBIT MARGIN BETWEEN
9.0 % AND 12.0 % IN 2025

Source text for Eikon:  ID:nEQ25V2XTa 
Further company coverage:  TTRGn.DE 

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