DGAP-Adhoc: WashTec AG: WashTec raises revenue and earnings expectation for 2021

2021. július 13., kedd, 12:08

DGAP-Ad-hoc: WashTec AG / Key word(s): Change in Forecast/Forecast

WashTec AG: WashTec raises revenue and earnings expectation for 2021

13-Jul-2021 / 12:08 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

As a result of the strong second quarter and continued encouraging order intake, WashTec raises its revenue guidance for the 2021 financial year. As of today, the company expects revenue to increase by more than 9% (previously: increase of > 5%). At the same time, the Group expects an EBIT margin in a range of 10% (prior year: 5.3%), also driven by significant efficiency improvements. From today"s perspective, this expectation is especially subject to maintaining global supply chains, continued delivery capability and material price developments.


WashTec AG

Dr. Kerstin Reden

Argonstrasse 7

86153 Augsburg

Tel.: +49 (0)821 - 5584 - 1142

Fax: +49 (0)821 - 55 84 - 1135

13-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: WashTec AG

Argonstraße 7

86153 Augsburg

Phone: +49 (0)821 55 84-0
Fax: +49 (0)821 55 84-1135
E-mail: washtec@washtec.de
Internet: www.washtec.de
ISIN: DE0007507501
WKN: 750750
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1218290

End of Announcement DGAP News Service

1218290  13-Jul-2021 CET/CEST

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