Brief: Vossloh: Q3 Sales Revenues Up At EUR 756.2 Mln

Vossloh AG

27/10/2022 06:36

Oct 27 (Reuters) - VOSSLOH AG  VOSG.DE :
    * WITH VERY SUCCESSFUL THIRD QUARTER
    * VOSSLOH WITH VERY SUCCESSFUL Q3. AFTER NINE MONTHS SALES,
ORDERS
RECEIVED AND ORDER BACKLOG SIGNIFICANTLY ABOVE PREVIOUS YEAR.
PROFITABILITY AT A STRONG 7.3 PERCENT
    * Q3 NET INCOME INCREASES TO EUR 38.8 MILLION (+14.7 PERCENT
VERSUS. PREVIOUS YEAR)
    * Q3 ORDERS RECEIVED AT EUR 962.0 MILLION (+44.2 PERCENT
VERSUS.
PREVIOUS YEAR), ORDER BACKLOG AT EUR 814.6 MILLION (+46.8
PERCENT VERSUS. PREVIOUS YEAR)
    * Q3 EBIT MARGIN OF 7.3 PERCENT (Q3: 9.3 PERCENT) UNDERPINS
LATEST
OUTLOOK FOR 2022
    * Q3 SALES REVENUES INCREASED BY 8.3 PERCENT YEAR ON YEAR TO
EUR
756.2 MILLION
    * Q3 ORDERS RECEIVED AT EUR 962.0 MILLION (+44.2 PERCENT
VERSUS.
PREVIOUS YEAR), ORDER BACKLOG AT EUR 814.6 MILLION (+46.8
PERCENT VERSUS. PREVIOUS YEAR)
    * WITH A STRONG EBIT CONTRIBUTION OF EUR 26.1 MILLION IN Q3
OF
2022 (PRIOR-YEAR QUARTER: EUR 19.8 MILLION)
    * ACCORDINGLY, EXECUTIVE BOARD EXPECTS SALES BETWEEN EUR 1.0
BILLION AND EUR 1.05 BILLION

Source text for Eikon:  ID:nEQc9cjPWa 
Further company coverage:  VOSG.DE 
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