Brief: Vossloh: Expects 2022 Sales To Be Between EUR 1.0 Bln And EUR 1.05 Bln

Vossloh AG

17/10/2022 15:39

Oct 17 (Reuters) - VOSSLOH AG  VOSG.DE :
    * WITH STRONG THIRD QUARTER AND POSITIVE OUTLOOK FOR THE
YEAR -
SALES AND EARNINGS GUIDANCE FOR 2022 SPECIFIED
    * FROM TODAY'S PERSPECTIVE, EXECUTIVE BOARD EXPECTS 2022
SALES TO
BE BETWEEN EUR 1.0 BILLION AND EUR 1.05 BILLION, WHILE MOST
RECENTLY COMMUNICATED EXPECTATION WAS IN A CORRIDOR BETWEEN EUR
0.95 BILLION AND EUR 1.05 BILLION
    * WITH REGARD TO PROFITABILITY, VOSSLOH NOW EXPECTS EBITDA
MARGIN
FOR FULL YEAR OF BETWEEN 12.0 PERCENT AND 12.5 PERCENT
RESPECTIVELY AN EBIT MARGIN OF BETWEEN 7.0 PERCENT AND 7.5
PERCENT
    * MOST RECENTLY, AN EBITDA MARGIN OF BETWEEN 11.5 PERCENT
AND 13.5
PERCENT AND AN EBIT MARGIN BETWEEN 6.0 PERCENT AND 8.0 PERCENT
WAS FORECASTED
    * BASED ON PRELIMINARY FIGURES, VOSSLOH GENERATED SALES OF
EUR
279.8 MILLION (PREVIOUS YEAR: EUR 235.8 MILLION) AND EBITDA OF
EUR 39.0 MILLION (PREVIOUS YEAR: EUR 32.4 MILLION) AND EBIT OF
EUR 26.1 MILLION (PREVIOUS YEAR: EUR 19.8 MILLION) IN Q3 OF 2022
    * THIS CORRESPONDS TO Q3 EBITDA MARGIN OF 13.9 PERCENT
(PREVIOUS
YEAR: 13.7 PERCENT) RESPECTIVELY AN EBIT MARGIN OF 9.3 PERCENT
(PREVIOUS YEAR: 8.4 PERCENT)

Source text for Eikon:  ID:nEQ1bcGvva 
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