Brief: Villeroy & Boch 9M Consolidated Revenue Up At EUR 684.5 Mln

Villeroy & Boch AG

20/10/2021 07:05

Oct 20 (Reuters) - VILLEROY & BOCH AG  VIBG_p.DE :
    * CONSISTENTLY GOOD BUSINESS PERFORMANCE IN THIRD QUARTER OF
2021
AS WELL
    * CONSOLIDATED REVENUE RISES 24.7 % TO EUR 684.5 MILLION IN
FIRST
NINE MONTHS OF FINANCIAL YEAR
    * 9M OPERATING EBIT UP CONSIDERABLY YEAR-ON-YEAR AT EUR 61.8
MILLION (EUR 10.3 MILLION)
    * REVENUE AND EARNINGS FORECAST RAISED AGAIN FOR 2021 AS A
WHOLE
    * IS NOW FORECASTING THAT CONSOLIDATED REVENUE WILL RISE TO
MORE
THAN EUR 920 MILLION AND THAT OPERATING GROUP RESULT WILL GROW
TO MORE THAN EUR 85 MILLION
    * BASED ON REVISED TARGETS, RETURN ON NET OPERATING ASSETS
IS
EXPECTED TO RANGE BETWEEN 25 % AND 30 %

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