Brief: Villeroy & Boch H1 Operating EBIT Up At EUR 39.0 Mln

Villeroy & Boch AG

20/07/2021 07:03

July 20 (Reuters) - VILLEROY & BOCH AG  VIBG_p.DE :
    * EXCELLENT BUSINESS PERFORMANCE CONTINUES IN SECOND QUARTER
    * CONSOLIDATED REVENUE RISES 32 % TO EUR 449.6 MILLION IN
FIRST
HALF-YEAR
    * H1 OPERATING EBIT UP SIGNIFICANTLY YEAR-ON-YEAR AT EUR
39.0
MILLION (PREVIOUS YEAR EUR -10.0 MILLION)
    * REVENUE AND EARNINGS FORECASTS AGAIN RAISED CONSIDERABLY
FOR
2021 IN LIGHT OF CONTINUING EXCELLENT BUSINESS PERFORMANCE
    * AS ALREADY ANNOUNCED ON JUNE 30 , NOW SEES CONSOLIDATED
REVENUE
TO RISE TO AROUND EUR 885 MILLION (+10.5 %) AND OPERATING GROUP
RESULT TO MORE THAN EUR 75 MILLION
    * DOES NOT EXPECT A SIGNIFICANT CHANGE IN MOMENTUM FOR
REMAINDER
OF YEAR
    * RETURN ON NET OPERATING ASSETS IS EXPECTED TO RANGE
BETWEEN 22 %
AND 25 %

Source text for Eikon:  ID:nEQ9Ls5zha 
Further company coverage:  VIBG_p.DE 

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