Brief: Vossloh FY Sales Up 8.4 % Year On Year At EUR 942.8 Million

Vossloh AG

17/03/2022 06:36

March 17 (Reuters) - VOSSLOH AG  VOSG.DE :
    * VOSSLOH WITH STRONG GROWTH IN SALES REVENUES AND EARNINGS
IN
2021 DESPITE ONGOING BURDENS FROM COVID 19 PANDEMIC
    * PROPOSED DIVIDEND OF EUR 1.00 PER SHARE
    * OUTLOOK 2022: VOSSLOH EXPECTS CONTINUED INCREASE IN SALES
AND
EBIT
    * FY SALES UP 8.4 % YEAR ON YEAR TO EUR 942.8 MILLION
    * FY OPERATING EBIT ROSE FROM EUR 57.5 MILLION TO EUR 72.3
MILLION, WHILE OPERATING EBIT MARGIN IMPROVED BY 1.1 PERCENTAGE
POINTS TO 7.7 PERCENT IN 2021 REPORTING PERIOD
    * FY OPERATING EBITDA SAW AN INCREASE FROM EUR 107.5 MILLION
IN
PREVIOUS YEAR TO EUR 124.2 MILLION, WITH AN EBITDA MARGIN OF
13.2. PERCENT (PREVIOUS YEAR: 12.4 PERCENT ON AN OPERATIONAL
BASIS)
    * OUTLOOK 2022: EXPECTS COMPANY TO ACHIEVE SALES REVENUES OF
BETWEEN EUR 925 MILLION AND EUR 1 BILLION IN CURRENT FISCAL YEAR
    * OUTLOOK 2022: EXPECTS AN EBITDA MARGIN OF 13 PERCENT TO 14
PERCENT AND AN EBIT MARGIN BETWEEN 7.5 PERCENT AND 8.5 PERCENT

Source text for Eikon:  ID:nEQ9gHtKHa 
Further company coverage:  VOSG.DE 

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