Brief: TKH Group H2 EBITA Before One-Off Income And Expenses Up At EUR 105.2 Mln

TKH

08/03/2022 06:53

March 8 (Reuters) - TKH Group NV  TWKNc.AS :
    * H2 AND ANNUAL RESULTS 2021
    * ORDER INTAKE IN Q4 OF € 512 MILLION (Q4 2020: € 370
MILLION)
    * ORDER BOOK INCREASED BY 74.3% (€ 318.2 MILLION) TO € 746.6
MILLION PER YEAR-END AS A RESULT OF RECORD HIGH ORDER INTAKE OF
€ 1,842 MILLION (2020: € 1,294 MILLION)
    * TURNOVER IN H2 2021 INCREASED BY 30.7% TO € 797.9 MILLION,
ORGANIC 27.5%
    * DIVIDEND PROPOSAL: € 1.50 PER (DEPOSITARY RECEIPT FOR)
ORDINARY
SHARE (2020: € 1.00)
    * H2 EBITA BEFORE ONE-OFF INCOME AND EXPENSES INCREASED BY
58.1%
TO € 105.2 MILLION
    * COVID-19 CONTINUED TO HAVE AN IMPACT ON OPERATIONS AND
FINANCIAL
PERFORMANCE IN 2021
    * H2 ROS INCREASES TO 13.2% (H2 2020: 10.9%)
    * H2 NET PROFIT BEFORE AMORTIZATION AND ONE-OFF INCOME AND
EXPENSES ATTRIBUTABLE TO SHAREHOLDERS IMPROVED BY 87.6% TO €
64.5 MILLION
    * H2 CASH FLOW FROM OPERATING ACTIVITIES WAS € 109.7 MILLION
(H2
2020: € 150.1 MILLION
    * WE ANTICIPATE FURTHER ORGANIC GROWTH OF TURNOVER AND
RESULT IN
2022 IN ALL SEGMENTS
    * TKH WILL PROVIDE A MORE SPECIFIC PROFIT FORECAST FOR THE
FULL
YEAR OF 2022 AT THE PRESENTATION OF ITS INTERIM RESULTS IN
AUGUST 2022
    * STRONG DEMAND FOR 2D AND 3D MACHINE VISION TECHNOLOGIES IS
EXPECTED TO CONTINUE INTO 2022
    * OUTLOOK: ORDER INTAKE FOR TIRE BUILDING TECHNOLOGIES IS
EXPECTED
TO CONTINUE AT A HIGH LEVEL
    * E TURNOVER IN DIGITALIZATION IS EXPECTED TO INCREASE,
DRIVEN BY
RISING FIBRE PRICES AND THE GROWING NEED FOR BANDWIDTH IN EUROPE

Source text: https://bit.ly/3hNUCOT
Further company coverage:  TWKNc.AS 

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