Brief: Vitesco Q2 Adjusted EBIT above Estimates

Vitesco Technologies AG

10/08/2023 06:12

Aug 10 (Reuters) - Vitesco Q2 adjusted EBIT EUR 76.3 million vs. IBES estimate
EUR 69.5 million.
* Q2 sales EUR 2,441.6 million vs. IBES estimate EUR 2,419 million
* Q2 EBIT EUR 16.4 million
* Outlook FY free cash flow EUR 50 million
* Outlook FY adjusted EBIT margin 2.9-3.4%
* Outlook FY revenue EUR 9,200-9,700 million
* Q2 adjusted EBIT margin 3.1%
* Q2 orders EUR 5,000 million