DGAP-Adhoc
Ekotechnika AG raises forecast for the financial year 2020/2021
DGAP-Ad-hoc: Ekotechnika AG / Key word(s): Change in Forecast
Ekotechnika AG raises forecast for the financial year 2020/2021 |
The main reasons for the improved business outlook are the overall good industry situation in Russian agriculture, primarily due to the positive price trend for agricultural products, as well as the higher-than-expected demand for agricultural machinery in the Group's sales regions acquired in 2019. In addition, further automation of internal operations and new administrative processes enable a better and more effective realization of volumes, resulting in the ability to achieve significant growth in sales while maintaining stable personnel expenses.
Contact
Ekotechnika AG // Johann-Jakob-Astor-Str. 49 // 69190 Walldorf // T: +49 (0) 6227 3 58 59 60 // E: info@ekotechnika.de // www.ekotechnika.de/en
Press / Investor Relations
Fabian Kirchmann, Anna-Lena Mayer // IR.on AG // T: +49 (0) 221 9140 970 // E: presse@ekotechnika.de
29-March-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: | English |
Company: | Ekotechnika AG |
Johann-Jakob-Astor-Str. 49 | |
69190 Walldorf | |
Germany | |
Phone: | +49 (0) 6227 3 58 59 60 |
E-mail: | info@ekotechnika.de |
Internet: | www.ekotechnika.de |
ISIN: | DE000A161234 |
WKN: | A16123 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich |
EQS News ID: | 1179312 |
End of Announcement | DGAP News Service |
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1179312 29-March-2021 CET/CEST