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Investegate |Schaltbau Holding AG Announcements | Schaltbau Holding AG: Schaltbau Holding AG finishes 2020 at upper end of forecast, Strategy 2023 presented, capital measure secured


Schaltbau Holding AG
DGAP-News: Schaltbau Holding AG
/ Key word(s): Annual Results/Financing
Schaltbau Holding AG finishes 2020 at upper end of forecast, Strategy 2023 presented, capital measure secured (news with additional features)
01.03.2021 / 19:55
The issuer is solely responsible for the content of this announcement.
Schaltbau Holding AG finishes 2020 at upper end of forecast, Strategy 2023 presented, capital measure secured
Group revenue up by 2.1% to EUR 502.3 million on like-for-like basis (forecast: EUR 500 million)
EBIT margin improves from 3.7% to 4.3% on like-for-like basis (forecast: approx. 4%)
Forecast for 2021: Group revenue between EUR 520 and EUR 540 million, Group EBIT margin approx. 5%
Strategy 2023: Improved financial performance, profitable growth in core business and development of new, attractive markets, especially for components business ....

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Focus Financial Partners Prices Secondary Offering of 7,000,000 Shares of Class A Common Stock at $48.00 Per Share


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NEW YORK, NY / ACCESSWIRE / February 25, 2021 / Focus Financial Partners Inc. (NASDAQ:FOCS) ( Focus ) announced today the pricing of an underwritten secondary offering of 7,000,000 shares of its Class A common stock at $48.00 per share. This amount includes 6,737,694 shares offered by certain selling stockholders of Focus affiliated with Kohlberg Kravis Roberts & Co. L.P. and Stone Point Capital LLC (the selling stockholders ) and 262,306 shares offered by Focus (the Offering ) on behalf of certain of the existing unitholders of Focus Financial Partners, LLC ( Focus LLC ), its operating subsidiary. The selling stockholders also granted the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of Focus s Class A common stock. The Offering is expected to close on March 2, 2021, subject to customary closing conditions. ....

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