EDAG Engineering Group Reports Solid Growth: Revenue, Adjusted EBIT, and Free Cash Flow on the Rise

• EDAG Engineering Group AG reports solid increase in revenue, adjusted EBIT, and free cash flow
• Revenue grew by 2.9% to EUR 217.5 million, with Vehicle Engineering and Production Solutions segments contributing to sales growth
• Adjusted EBIT increased to EUR 13.4 million, with an adjusted EBIT margin stable at 6.1%
• Free cash flow significantly increased to EUR 26.3 million
• As of March 31, 2024, the company had 9,061 employees worldwide
• The company expects further growth and stable earnings development for the 2024 financial year, with revenue expected to grow by around 4% to 6%.

The next important date, Quarterly report, at EDAG Engineering Group is on 08.05.2024.

The price of EDAG Engineering Group at the time of the news was 11,450EUR and did not change compared to the previous day.

EDAG Engineering Group

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-43,54 %

ISIN:CH0303692047WKN:A143NB

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