VAT AG logo

VACN - VAT AG News Story

CHF247 -4.8  -1.9%

Last Trade - 12/05/21

Sector
Industrials
Size
Large Cap
Market Cap £5.80bn
Enterprise Value £5.90bn
Revenue £542.0m
Position in Universe 157th / 1053

BRIEF-VAT FY EBITDA At CHF 217 Million

Thu 4th March, 2021 6:12am
March 4 (Reuters) - VAT GROUP AG  VACN.S :
    * BOARD PROPOSES 12.5% DIVIDEND INCREASE TO CHF 4.50 PER
SHARE
    * VAT GROUP AG - Q4 YEAR-ON-YEAR ORDERS AND NET SALES UP 19%
AND
10%, RESPECTIVELY, ON STRONG BUSINESS EXECUTION
    * FY NET SALES OF CHF 692 MILLION, UP 21%
    * FY EBITDA OF CHF 217 MILLION AND RECORD EBITDA MARGIN OF
31.4%
    * FY FREE CASH FLOW; UP 5% TO CHF 147 MILLION
    * OUTLOOK 2021: SALES, EBITDA, EBITDA MARGIN AND NET INCOME
EXPECTED TO GROW VERSUS 2020
    * OUTLOOK 2021: CAPEX PLANNED AT AROUND CHF 40 MILLION; FREE
CASH
FLOW EXPECTED TO BE HIGHER DESPITE GROWTH INVESTMENTS INTO
WORKING CAPITAL
    * Q1 VAT EXPECTS NET SALES OF CHF 180 - 190 MILLION

Source text - https://bit.ly/3886Mhg
Further company coverage:  VACN.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 6600;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.