Brief: Vossloh Increases Sales And EBIT Guidance For FY 2023

Vossloh AG

19/10/2023 11:24

Oct 19 (Reuters) - VOSSLOH AG  VOSG.DE :
    * INCREASES SALES AND EBIT GUIDANCE FOR FULL YEAR 2023
    * HIGHER EBIT EXPECTATION IS MAINLY DUE TO A CONTINUED
FAVORABLE
PROJECT MIX IN CORE COMPONENTS DIVISION
    * EXPECTS TO GENERATE SALES OF BETWEEN EUR 1.175 BILLION AND
EUR
1.225 BILLION IN CURRENT FINANCIAL YEAR.
    * FULL FIGURES FOR FIRST NINE MONTHS OF 2023 WILL BE
PUBLISHED IN
QUARTERLY STATEMENT ON OCTOBER 26, 2023
    * NOW EXPECTS AN EBIT OF BETWEEN EUR 94 MILLION AND EUR 100
MILLION.
    * ON BASIS OF PRELIMINARY FIGURES, VOSSLOH HAS ACHIEVED
CONTINUED
STRONG ORDERS RECEIVED OF EUR 945.5 MILLION
    * COMPANY EXPECTS TO GENERATE SALES OF BETWEEN EUR 1.175
BILLION
AND EUR 1.225 BILLION IN CURRENT FINANCIAL YEAR. PREVIOUS
EXPECTATIONS WERE IN A RANGE BETWEEN EUR 1.125 BILLION AND EUR
1.2 BILLION
    * ON THE BASIS OF PRELIMINARY FIGURES IT HAS ACHIEVED EBIT
OF EUR
76.9 MILLION (PREVIOUS YEAR: EUR 55.0 MILLION) IN CURRENT
FINANCIAL YEAR AFTER NINE MONTHS.

Source text for Eikon:  ID:nEQbFM8lYa 
Further company coverage:  VOSG.DE 

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