JOST Werke: 9-Mth Sales Up At EUR 960.9 Mln

T-Reuters

2022/11/03

JOST WERKE AG :Raises Guidance For Fiscal Year 2022 And Publishes Preliminary Interim Results For The First Nine Months Of 2022.Sales 9M 2022 Increase By 22.8% To Eur 960.9 Million.Adjusted Ebit 9M 2022 Grows By 15.4% To Eur 96.9 Million.Outlook For Sales And Adjusted Ebit Raised.Due To Price Increases Implemented During 2022 To Pass On Rising Costs To Customers, Sales Are Expected To Grow At A Faster Pace Than Adjusted Ebit.Forecasts In Fy 2022 Adjusted Ebit Will Increase By High Single-Digit Percentage Range Compared To Previous Year (Previous Forecast: Increase In Mid Single-Digit Percentage Range | Adjusted Ebit 2021: Eur 104.8 Million).Outlook 2022: Anticipates Exceeding Sales Mark Of Eur 1.2 Billion For First Time.

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