Brief: Wacker Neuson Q3 EBIT Doubles To EUR 44.7 Million

Wacker Neuson SE

10/11/2021 06:05

Nov 10 (Reuters) - Wacker Neuson SE  WACGn.DE :
    * DGAP-NEWS: WACKER NEUSON GROUP CONTINUES TO DEVELOP
POSITIVELY
IN THE THIRD QUARTER; REVENUE AND EARNINGS GUIDANCE RAISED
    * REVENUE FOR Q3 18.1 PERCENT ABOVE PRIOR-YEAR LEVEL
    * Q3 EBIT) ALMOST DOUBLED AT EUR 44.7 MILLION (Q3/20: EUR
22.8
MILLION
    * Q3 REVENUE INCREASED 18.1 PERCENT RELATIVE TO PRIOR YEAR
TO
REACH EUR 461.4 MILLION (Q3/20: EUR 390.8 MILLION)
    * 2021 REVENUE IS NOW PROJECTED IN RANGE BETWEEN EUR 1,775
AND
1,825 MILLION
    * 2021 EBIT MARGIN IS EXPECTED TO LIE BETWEEN 9.3 AND 9.7
PERCENT
(PREVIOUS GUIDANCE FOR REVENUE: EUR 1,750 TO 1,800 MILLION;
PREVIOUS GUIDANCE FOR EBIT MARGIN: 8.75 TO 9.50 PERCENT).

Source text for Eikon:  ID:nEQbvFMLra 
Further company coverage:  WACGn.DE 

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