Brief: TKH Group FY Order Intake Of EUR 2.04 Bln

TKH

07/03/2023 06:27

March 7 (Reuters) - TKH Group NV  TWKNc.AS :
    * 2022 RECORD ORDER INTAKE OF EUR 2,042 MILLION VS EUR 1,842
MILLION IN 2021, RESULTING IN ALL-TIME HIGH ORDER BOOK  OF EUR
971.9 MILLION (DECEMBER 31, 2021: EUR 746.6 MILLION)
    * DIVIDEND PROPOSAL: EUR 1.65 (PER DEPOSITARY RECEIPT FOR)
ORDINARY SHARE (2021: EUR 1.50)
    * 2022 EBITA BEFORE ONE-OFF INCOME AND EXPENSES EUR 234.8
MILLION
UP 23.9% (2021: € 189.6 MILLION), WITH  SMART VISION SYSTEMS
BEING THE LARGEST CONTRIBUTOR TO EBITA.
    * 2022 NET PROFIT BEFORE AMORTIZATION AND ONE-OFF INCOME AND
EXPENSES INCREASED BY 26.1% TO € 143.6  MILLION (2021: EUR 113.9
MILLION); AT UPPER END OF COMMUNICATED OUTLOOK (EUR 136 - EUR
144 MILLION).
    * HAS DECIDED TO START A SHARE BUYBACK PROGRAM AS OF MARCH
7, 2023
AMOUNTING TO EUR 25 MILLION
    * EXPECT TOTAL CAPEX IN PROPERTY, PLANT AND EQUIPMENT TO BE
AROUND
€ 200 MILLION FOR 2023
    * ANTICIPATE ORGANIC GROWTH IN TURNOVER AND EBITA IN 2023
    * TURNOVER INCREASED BY 19.2% TO EUR 1,816.6 MILLION  VERSUS
EUR
1,523.8 MILLION IN 2021, ADJUSTED FOR CURRENCY EFFECTS

Source text for Eikon:  ID:nNDL8Jn8lP 
Further company coverage:  TWKNc.AS 

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