Brief: Technotrans FY Consolidated EBIT Up At EUR 11 Mln

technotrans SE

15/03/2022 06:08

March 15 (Reuters) - TECHNOTRANS SE  TTRGn.DE :
    * CONSISTENTLY IMPLEMENTS FUTURE READY 2025 STRATEGY AND
SIGNIFICANTLY INCREASES CONSOLIDATED REVENUE AND EBIT IN THE
2021 FINANCIAL YEAR
    * FY EBIT ROSE 62.7 PERCENT TO 11 MILLION EUR
    * FY REVENUE ROSE 10.8 PERCENT TO 211.1 MILLION EUR
    * FY PROPOSED DIVIDEND OF EUR 0.51 PER SHARE 41.7 % ABOVE
PREVIOUS
YEAR
    * WITH CONSOLIDATED REVENUE UP 10.8 % TO EUR 211.1 MILLION,
TECHNOTRANS EXCEEDED FORECAST LAST RAISED IN NOVEMBER 2021 AND
ACHIEVED SECOND-HIGHEST REVENUE IN COMPANY'S HISTORY
    * FY CONSOLIDATED EBIT INCREASED SIGNIFICANTLY BY 62.7 % TO
EUR
11.0 MILLION
    * TECHNOTRANS GROUP REALISED FY CONSOLIDATED REVENUE OF EUR
211.1
MILLION IN 2021 FINANCIAL YEAR, UP 10.8 % ON PREVIOUS YEAR OF
EUR 190.5 MILLION
    * OUTLOOK 2022: EXPECTS CONSOLIDATED REVENUE IN A RANGE OF
EUR 220
TO 230 MILLION WITH AN EBIT MARGIN OF 5.0 TO 6.0 %
    * OUTLOOK 2022: CONFIRMS MEDIUM-TERM FORECAST OF ORGANICALLY
ACHIEVING CONSOLIDATED REVENUE IN RANGE OF EUR 265 TO 285
MILLION IN FINANCIAL YEAR 2025 WITH AN EBIT MARGIN BETWEEN 9.0
AND 12.0 % AND AN ROCE ABOVE 15 %

Source text for Eikon:  ID:nEQ8QDzVca 
Further company coverage:  TTRGn.DE 

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