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Villeroy & Boch AG: 2020 financial year: Consolidated revenue of € 800.9 million, down only -3.9 % on previous year despite COVID-19 pandemic - Seite 3

The forecast for 2021 as a whole is based on the assumption of a significant and tangible recovery of the world economy despite the setback at the start of the year. On the basis of this positive market assessment with a number of supporting factors, the Group is aiming for a return to the growth path in the 2021 financial year with an increase in consolidated sales of between 3 % and 5 %. Operating EBIT is expected to improve by presumably 5 % to 10 % in 2021. This means that the level of 2019 would already be exceeded in the current year in terms of both turnover and earnings.

Contact:
Katrin May
Head of PR
Phone: [phone]
E-Mail: [e-mail]

Anabell Westrich
Manager Corporate Communications
Phone: [phone]
E-Mail: [e-mail]

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17.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language:	English
Company:	Villeroy & Boch AG
	Saaruferstraße 1-3
	66693 Mettlach
	Germany
Phone:	[phone]
E-mail:	[e-mail]
Internet:	www.villeroy-boch.de
ISIN:	DE0007657231, DE0007657207
WKN:	765723
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1168731

End of News	DGAP News Service

1168731  17.02.2021