Brief: TKH Group Q1 EBITA Before One-Off Income And Expenses Grows TO EUR 60.4 Million

TKH

24/04/2023 06:13

April 24 (Reuters) - TKH Group NV  TWKNc.AS :
    * MARKET UPDATE Q1 2023
    * TURNOVER IN Q1 2023 INCREASED BY 8.2% TO € 472.5 MILLION
(Q1
2022: € 436.7 MILLION)
    * ORDER BOOK CONTINUED TO GROW FROM YEAR-END 2022, DRIVEN BY
SMART
MANUFACTURING SYSTEMS
    * Q1 EBITA BEFORE ONE-OFF INCOME AND EXPENSES GREW TO € 60.4
MILLION (Q1 2022: € 58.5 MILLION)
    * Q1 ROS WAS 12.8% (Q1 2022: 13.4%), IMPACTED BY A LOWER ROS
AT
SMART MANUFACTURING SYSTEMS. BOTH SMART VISION AND SMART
CONNECTIVITY SYSTEMS’ ROS IMPROVED
    * OUTLOOK:  REITERATE OUR FORECAST FOR ORGANIC GROWTH IN
TURNOVER
AND EBITA IN SMART CONNECTIVITY AND SMART VISION SYSTEMS IN 2023
    * OUTLOOK:  SMART MANUFACTURING SYSTEMS IS EXPECTED TO
ACHIEVE
ORGANIC TURNOVER GROWTH IN 2023, WITH EBITA TO BE IN LINE WITH
2022

Source text: https://bit.ly/42aZCT1
Further company coverage:  TWKNc.AS 

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