H1 21 posted a slight beat on expectations on the back of the strong demand in Energy and Telecom in Q2 driving headcount up by 8.5% yoy and the adjusted EBITDA margin to 7.8%. The FY21 outlook was partly revised upward with a midpoint of the adjusted EBITDA and FCF targets at €950m and €300m, respectively. Capex should accelerate in the years to come to expand production capacities.
04 Aug 2021
Reassuring Q2; FY21 guidance well on track
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Reassuring Q2; FY21 guidance well on track
- Published:
04 Aug 2021 -
Author:
Valentin Mory -
Pages:
3
H1 21 posted a slight beat on expectations on the back of the strong demand in Energy and Telecom in Q2 driving headcount up by 8.5% yoy and the adjusted EBITDA margin to 7.8%. The FY21 outlook was partly revised upward with a midpoint of the adjusted EBITDA and FCF targets at €950m and €300m, respectively. Capex should accelerate in the years to come to expand production capacities.