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Public Disclosure of Inside Information according to Article 17 of Regulation (EU) No. 596/2014 (MAR - Market Abuse Regulation)
KSB Group 27 January 2021 / Page 1/1
KSB SE & Co. KGaA: EBIT for the 2020 financial year higher than projected
FRANKENTHAL: A very strong December helped the KSB Group generate sales revenue and EBIT that exceeded the projections published on 15 December 2020, while order intake was slightly lower than predicted.
Based on the preliminary figures for the 2020 financial year, order intake amounts to € 2,143 million, 12.6 % down on the previous year. At € 2,208 million, preliminary sales revenue is 7.3 % lower than in the previous year. KSB expects EBIT to range between € 67 million and € 71 million (previous year: € 113.6 million). This already includes special factors such as impairment losses on goodwill in the preliminary amount of € 11 million.
The full report on the 2020 financial year is scheduled to be published on 25 March 2021.
Published by | Contact |
KSB SE & Co. KGaA | Dieter Pott |
Investor Relations | Tel + 49 6233 86-2615 |
67227 Frankenthal | dieter.pott@ksb.com |
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KSB SE & Co. KgaA published this content on 27 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2021 12:57:04 UTC