Brief: TKH Group Foresees FY Net Profit Between 106 and 112 Million Euros

TKH

16/11/2021 06:57

Nov 16 (Reuters) - TKH GROUP NV  TWKNc.AS :
    * MARKET UPDATE Q3 2021
    * FURTHER INCREASE IN TURNOVER AND RESULTS OVER THE THIRD
QUARTER
IN LINE WITH FORECAST
    * ROS CONTINUED TO IMPROVE FROM 11.6% OVER H1 2021 TO 13.7%
OVER
Q3 2021 (Q3 2020: 10.4%)
    * FORESEES A NET PROFIT BETWEEN € 106 MILLION AND € 112
MILLION
(2020: € 70.3 MILLION) FOR THE FULL YEAR 2021
    * ALL THREE SOLUTION SEGMENTS CONTRIBUTED TO THE STRONG
TURNOVER
GROWTH OF 27.7% COMPARED TO THE Q3 2020, WITH AN ESPECIALLY
STRONG RECOVERY IN INDUSTRIAL SOLUTIONS
    * EBITA BEFORE ONE-OFF INCOME AND EXPENSES INCREASED WITH
68.3%
    * ORDER BOOK REMAINED AT A HIGH LEVEL AND SLIGHTLY INCREASED
COMPARED TO THE PREVIOUS QUARTER
    * SUPPLY-CHAIN CHALLENGES HAD LIMITED IMPACT ON TURNOVER

Source text for Eikon:  ID:nNDL2HkQYw 
Further company coverage:  TWKNc.AS 

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