Brief: TKH Group Q1 EBITDA Up At EUR 58.5 Mln

TKH

25/04/2022 09:41

April 25 (Reuters) - TKH GROUP NV  TWKNc.AS :
    * ANNOUNCED TODAY ITS MARKET UPDATE FOR Q1 2022 
    * Q1 TURNOVER EUR 436.7 MLN VS EUR 332.7 MLN YEAR AGO 
    * Q1 EBITDA EUR 58.5 MLN VS EUR 31.9 MLN YEAR AGO
    * OUR UKRAINIAN FACTORY REMAINS UNDAMAGED AND WE ARE
PREPARING TO
RESTART PRODUCTION AT THIS FACILITY IN NEXT FEW DAYS, ASSUMING
THIS PROVES TO BE SAFE - CEO
    * RECENT LOCKDOWNS IN ASIA ONLY HAD A LIMITED EFFECT ON
GROUP'S
ACTIVITIES - CEO
    * OUTLOOK Q2 2022: START OF EXPANSION OF PRODUCTION CAPACITY
    * OUTLOOK 2022: WE REITERATE OUR FORECAST OF ORGANIC GROWTH
OF
TURNOVER AND RESULT IN 2022 IN ALL SEGMENTS
    * OUTLOOK 2022: EXPECTS UNCERTAINTY IN SUPPLY-CHAIN AND
DELAYS IN
DELIVERIES OF COMPONENTS TO CONTINUE  

    
 Source text for Eikon:  ID:nNDL9TDYbq 
 Further company coverage:  TWKNc.AS  

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