Brief: Vossloh Expects Sales To Be Between EUR 0.95 Bln And EUR 1.05 Bln

Vossloh AG

12/05/2022 10:22

May 12 (Reuters) - VOSSLOH AG  VOSG.DE :
    * VOSSLOH ADJUSTS SALES REVENUES AND EARNINGS GUIDANCE FOR
2022
    * NOW ANTICIPATES 2022 SALES TO BE BETWEEN EUR 0.95 BILLION
AND
EUR 1.05 BILLION, WHILE PREVIOUS EXPECTATION RANGED BETWEEN EUR
0.925 BILLION AND EUR 1.0 BILLION.
    * FOR Q2 OF 2022 VOSSLOH EXPECTS PROFITABILITY TO BE
NOTICEABLY
LOWER THAN IN CORRESPONDING QUARTER OF PREVIOUS YEAR
    * NOW EXPECTS 2022 EBITDA MARGIN OF BETWEEN 11.5 PERCENT AND
13.5
PERCENT AND AN EBIT MARGIN OF 6 PERCENT TO 8 PERCENT FOR CURRENT
FISCAL YEAR.
    * HOWEVER, BASED ON CURRENT OUTLOOK, PROFITABILITY IN SECOND
HALF
OF 2022 IS EXPECTED TO BE SIGNIFICANTLY HIGHER THAN IN SAME
PERIOD OF PREVIOUS YEAR
    * EBIT MARGIN OF 6 PERCENT TO 8 PERCENT FOR CURRENT FISCAL
YEAR

Source text for Eikon:  ID:nEQ1hkNt5a 
Further company coverage:  VOSG.DE 

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