Brief: Tkms Nine-Month Order Intake Down 58% At €3.62 Billion
BRIEF-Tkms Nine-Month Order Intake Down 58% At €3.62 Billion Aug 12 (Reuters) - TKMS AG & CO KGAA TKMS.DE:
ORDER BACKLOG €20.1 BILLION AT END-JUNE VERSUS €20.6 BILLION AT END-MARCH
NINE-MONTH SALES UP 19% AT €1.89 BILLION VERSUS €1.79 BILLION FORECAST IN COMPANY-PROVIDED POLL
NINE-MONTH ADJUSTED EBIT UP 13% AT €110 MILLION VERSUS €101 MILLION FORECAST IN COMPANY-PROVIDED POLL
RAISES 2026 OUTLOOK, NOW EXPECTS SALES TO GROW 10-12% VERSUS 4% FORECAST IN COMPANY-PROVIDED POLL
NOW EXPECTS ADJUSTED EBIT MARGIN OF UP TO 6.5% VERSUS 6.4% FORECAST IN COMPANY-PROVIDED POLL
NINE-MONTH ORDER INTAKE DOWN 58% AT €3.62 BILLION
NINE-MONTH FREE CASH FLOW AT NEGATIVE €204 MILLION, COMPARED WITH POSITIVE €631 MILLION A YEAR-EARLIER
Further company coverage: TKMS.DE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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