Brief: Vitesco Q3 Sales At EUR 2.20 Billion

Vitesco Technologies AG

14/11/2023 06:02

Nov 14 (Reuters) - VITESCO TECHNOLOGIES GROUP AG
 VTSCn.DE :
    * Q3 SALES OF AROUND €2.20 BILLION (Q3 2022: €2.30 BILLION)
    * Q3 ADJUSTED EBIT FOR Q3 2023: €76.4 MILLION (Q3 2022:
€44.7
MILLION) WITH AN ADJUSTED EBIT MARGIN OF 3.5 PERCENT (Q3 2022:
2.0 PERCENT)
    * FREE CASH FLOW IN Q3 2023: €73.4 MILLION
    * SOLID ORDER INTAKE IN Q3 2023: €2.5 BILLION, WITH
ELECTRIFICATION PRODUCTS ACCOUNTING FOR AROUND €1.5 BILLION
    * TOTAL ORDER INTAKE OF ALMOST €7 BILLION IN THE
ELECTRIFICATION
BUSINESS IN THE FIRST NINE MONTHS OF 2023
    * OUTLOOK 2023: CONFIRMED

Further company coverage:  VTSCn.DE 

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