Brief: Vitesco Q2 Sales At EUR 2.44 Bln

Vitesco Technologies AG

10/08/2023 06:00

Aug 10 (Reuters) - VITESCO TECHNOLOGIES GROUP AG
 VTSCn.DE :
    * Q2 SALES OF EUR 2.44 BILLION
    * SALES OF EUR 4.76 BILLION IN THE FIRST H1 2023 (H1 2022:
EUR
4.42 BILLION)
    * Q2 ADJUSTED EBIT MARGIN OF 3.1 % (Q2 2022: 1.6 %)
    * ADJUSTED EBIT FOR THE H1 AT EUR 113.4 MILLION (H1 2022:
EUR 82.6
MILLION)
    * ADJUSTED EBIT FOR Q2 EUR 76.3 MILLION (Q2 2022: EUR 34.9
MILLION)
    * ORDER INTAKE IN Q2 2023: AROUND EUR 5 BILLION, WITH
ELECTRIFICATION PRODUCTS ACCOUNTING FOR EUR 4.5 BILLION
    * OUTLOOK FOR THE FISCAL YEAR 2023 REMAINS UNCHANGED
    * CAPITAL EXPENDITURES AT TO EUR 92.8 MILLION
    * FREE CASH FLOW FELL TO MINUS EUR 20.6 MILLION IN Q2
(Q22022:
PLUS EUR 1.6 MILLION).

Further company coverage:  VTSCn.DE 

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