Brief: Vossloh Raises Sales And EBIT Guidance For 2023

Vossloh AG

15/06/2023 12:12

June 15 (Reuters) - Vossloh Ag  VOSG.DE :
    * VOSSLOH RAISES SALES AND EBIT GUIDANCE FOR FULL YEAR 2023
    * RAISES ITS SALES AND EBIT GUIDANCE FOR FULL YEAR 2023
BASED ON
LATEST INFORMATION ON BUSINESS DEVELOPMENT TO DATE AND MORE
CONCRETE PROSPECTS FOR REMAINDER OF YEAR
    * COMPANY NOW EXPECTS SALES OF BETWEEN EUR 1.125 BILLION AND
EUR
1.2 BILLION
    * EXPECTS AN EBIT OF BETWEEN EUR 87 MILLION AND EUR 94
MILLION,
PREVIOUS EXPECTATION WAS IN A CORRIDOR OF EUR 79 MILLION TO EUR
88 MILLION
    * THIS NOW RESULTS IN A RANGE FOR EBIT MARGIN BETWEEN 7.5
PERCENT
AND 8.1 PERCENT FOR FISCAL 2023 (PREVIOUSLY BETWEEN 7.2 PERCENT
AND 8.0 PERCENT)

Source text for Eikon:  ID:nEQ5kKz8ga 
Further company coverage:  VOSG.DE 

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