Brief: Va Q Tec Q1 Revenue Up At EUR 22.4 Million
May 11 (Reuters) - VA Q TEC AG VQTG.DE :
* REVENUE GROWTH OF +27% IN Q1 2021 TO EUR 22.4 MILLION
* Q1 EBITDA UP 63% TO EUR 4.6 MILLION; EBITDA MARGIN
IMPROVES
SIGNIFICANTLY TO 21% OF REVENUES (PREVIOUS YEAR: 16%)
* EBIT CLEARLY POSITIVE AT EUR 1.4 MILLION IN Q1 2021
(PREVIOUS
YEAR: EUR -0.2 MILLION)
* OUTLOOK 2021: CONFIRMED: REVENUES BETWEEN EUR 90 - 100
MILLION
WITH A TARGETED FURTHER YEAR-ON-YEAR INCREASE IN EBITDA MARGIN
Source text for Eikon: ID:nEQ5RWGSwa
Further company coverage: VQTG.DE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 6600;))
Recent news on va Q tec AG
See all newsRefile: German Cartel Office clears merger of va-Q-tec and EQT
Brief: Sartorius, Va-Q-Tec Announce Long-Term Partnership For Joint Development Of Innovative Transport Systems For Biopharmaceutical Industry
Brief: Va-Q-Tec Says German Federal Cartel Office Initiated Proceedings In Connection With Takeover Offer Of Fahrenheit Acquico GMBH
Brief: Va-Q-Tec AG Says Will Likely Not Reach Its Revenue And Earnings Forecast For 2022
Brief: EQT Private Equity Launches Voluntary Public Takeover Offer For Va-Q-Tec