Brief: Washtec FY Revenue At EUR 430.5 Mln

Washtec AG

31/03/2022 07:07

March 31 (Reuters) - WASHTEC AG  WSUG.DE :
    * SIGNIFICANT INCREASE IN REVENUE AND EARNINGS DESPITE
DISRUPTIONS
IN THE SUPPLY CHAIN, STEEP COST INCREASES AND CONTINUING
RESTRICTIONS DUE TO THE PANDEMIC
    * GUIDANCE 2022: REVENUE GROWTH OF 5%-9% WITH A DOUBLE-DIGIT
EBIT
MARGIN
    * DIVIDEND PROPOSAL: 2021 EUR 2.10, SPECIAL DIVIDEND EUR
0.80
    * FY REVENUE AT EUR 430.5M, PRIOR YEAR EUR 378.7M
    * FY EBIT AT EUR 45.7M, PRIOR YEAR EUR 20.1M; EBIT MARGIN AT
10.6%
    * FY ADJUSTED EBIT AT EUR 43.0M, PRIOR YEAR EUR 25.6M;
ADJUSTED
EBIT MARGIN AT 10.0%

Source text for Eikon:  ID:nEQ3xQn6fa 
Further company coverage:  WSUG.DE 

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