Brief: Villeroy & Boch FY EBIT Up At EUR 92.8 Mln

Villeroy & Boch AG

17/02/2022 09:03

Feb 17 (Reuters) - VILLEROY & BOCH AG  VIBG_p.DE :
    * FY REVENUE ROSE 18 PERCENT TO 945 MILLION EUR
    * FY OPERATING EBIT OF EUR 92.8 MILLION (PREVIOUS YEAR: EUR
49.7
MILLION) - HIGHEST LEVEL SINCE IPO IN 1990
    * FY OUTSTANDING GROUP RESULT UP EUR 37.6 MILLION
YEAR-ON-YEAR AT
EUR 60.5 MILLION (EUR 22.9 MILLION)
    * STRONG IMPROVEMENT IN OPERATING EBIT OF PROBABLY 5 % TO 10
% IS
EXPECTED IN 2022.
    * AT GENERAL MEETING OF SHAREHOLDERS ON 1 APRIL 2022,
SUPERVISORY
BOARD AND MANAGEMENT BOARD WILL PROPOSE THAT UNAPPROPRIATED
SURPLUS OF VILLEROY & BOCH AG BE USED TO DISTRIBUTE A DIVIDEND
OF EUR 1.00 PER PREFERENCE SHARE AND EUR 0.95 PER ORDINARY SHARE
    * ANTICIPATES THAT ITS GROWTH RATES WILL REMAIN HIGH WITH A
SLIGHT
LOSS OF MOMENTUM YEAR-ON-YEAR.
    * GOAL FOR 2022 FINANCIAL YEAR, INCLUDING INFLATION EFFECTS,
IS
FOR AN INCREASE IN CONSOLIDATED REVENUE OF BETWEEN 5 % AND 6 %

Source text for Eikon:  ID:nEQ8bSp7Ma 
Further company coverage:  VIBG_p.DE 

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