HUBER+SUHNER expects higher profitability for the full year
HUBER+SUHNER expects higher profitability for the full year
Ad Hoc announcement pursuant to Art. 53 LR
08.12.2021 - 18:45 (CET)
Operating result in financial year 2021 expected to exceed previous guidance
The course of business at HUBER+SUHNER has been very pleasing so far also in the fourth quarter. This positive momentum had a corresponding impact on profitability. For the financial year 2021, the company now expects the operating profit margin (EBIT margin) to be above 11.0 %. The previous EBIT guidance held out the prospect of a figure slightly above the medium-term target range of 8–10 %.
HUBER+SUHNER will publish the exact figures for order intake and net sales on 21 January 2022. The company will present the detailed results of the financial year 2021 at the media and analysts conference on 8 March 2022.
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