Brief: V-Zug Holding: Increased Supply Chain Challenges Dampen Expectations For Net Sales And Operating Result

V-ZUG Holding AG

23/05/2022 06:25

May 23 (Reuters) - V-ZUG HOLDING AG  VZUG.S :
    * IN LIGHT OF THESE CHALLENGES, IT WILL NOT BE POSSIBLE TO
ACHIEVE
OPERATING RESULT THAT WAS FORESEEN FOR FIRST HALF OF 2022 - IN
RANGE OF EBIT MARGIN OF SECOND HALF OF 2021 - WHEN PUBLISHING
2021 ANNUAL RESULTS ON 15 MARCH 2022
    * V-ZUG GROUP WILL NOT PROVIDE AN OUTLOOK FOR FULL 2022
FINANCIAL
YEAR AT THIS POINT IN TIME
    * EXPECTS TO BE ABLE TO MEET ITS ANNOUNCED MEDIUM-TERM
TARGETS AS
SOON AS SITUATION IN PROCUREMENT MARKETS HAS STABILISED

Source text for Eikon:  ID:nEQ4l2nfla 
Further company coverage:  VZUG.S 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))