Q3 Sales were very strong (+20% LFL) and are likely to remain robust in Q4. As a consequence, topline guidance was raised to EUR280m (vs EUR275m initially) and EBIT close to EUR17.5m in 2021. Beyond 2021, underlying markets are supportive, topline is backed by a strong backlog and the first results of the synergies with Verseidag should materialize. That said, ongoing energy price inflation is likely to weigh on profitability if elevated prices continue.
+20% LFL growth driven by the Solar Prot ....
27 Oct 2021
Excellent business trends likely to continue in 2022
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Excellent business trends likely to continue in 2022
- Published:
27 Oct 2021 -
Author:
Benhamou Stephen SB -
Pages:
7 -
Q3 Sales were very strong (+20% LFL) and are likely to remain robust in Q4. As a consequence, topline guidance was raised to EUR280m (vs EUR275m initially) and EBIT close to EUR17.5m in 2021. Beyond 2021, underlying markets are supportive, topline is backed by a strong backlog and the first results of the synergies with Verseidag should materialize. That said, ongoing energy price inflation is likely to weigh on profitability if elevated prices continue.
+20% LFL growth driven by the Solar Prot ....