Investegate |Wacker Neuson SE Announcements | Wacker Neuson

Investegate |Wacker Neuson SE Announcements | Wacker Neuson SE: Successful start to the year with a sharp rise in profitability


DGAP-News: Wacker Neuson SE
/ Key word(s): Quarterly / Interim Statement
Wacker Neuson SE: Successful start to the year with a sharp rise in profitability
10.05.2021 / 07:00
Wacker Neuson SE: Successful start to the year with a sharp rise in profitability
Q1 revenue 5.6 percent up on previous year
51-percent rise in EBIT; EBIT margin at 10.0 percent (+3.0 PP yoy)
Net working capital ratio close to strategic target at 31 percent
Cash flow from operating activities slightly higher than prior-year level
Net financial debt remains at very low level
Dynamic trends in order intake
Guidance remains unchanged
Christoph Burkhard named new CFO
Munich, May 10, 2021 - Leading light and compact equipment manufacturer the Wacker Neuson Group has made a successful start to 2021. Group revenue for the first quarter amounted to EUR 434.0 million, which is a rise of 5.6 percent relative to the previous year (Q1/20: EUR 410.8 million). Adjusted for currency effects, this corresponds to an increase of 7.4 percent. The Group reported an even bigger rise in earnings with profit before interest and tax (EBIT) increasing 50.9 percent to EUR 43.6 million (Q1/20: EUR 28.9 million). The EBIT margin amounted to 10.0 percent, which is a rise of 300 basis points (Q1/20: 7.0 percent).

Related Keywords

Germany , China , Australia , New Zealand , United Kingdom , Munich , Bayern , Chinese , Hans Neunteufel , Kurt Helletzgruber , Christoph Burkhard , Christopher Helmreich , Wacker Neuson Group , Wacker Neuson , Eastern Europe , Suez Canal , Executive Board , Supervisory Board , ஜெர்மனி , சீனா , ஆஸ்திரேலியா , புதியது ஜீலாந்து , ஒன்றுபட்டது கிஂக்டம் , முனிச் , பேயர்ன் , சீன , கிறிஸ்டோஃப் பர்கார்ட் , கிழக்கு யூரோப் , ஸூயெஸ் கால்வாய் , நிர்வாகி பலகை , மேற்பார்வை பலகை ,

© 2025 Vimarsana