HÖRMANN Industries Revises 2024 Forecast for 7 Hoermann 28 Bds Sales & Earnings

• HÖRMANN Industries GmbH reduces its sales and earnings forecast for the financial year 2024.
• New sales forecast is between EUR 680 million and EUR 700 million, and EBIT is expected to be between EUR 16 million and EUR 20 million.
• Previous forecast was sales between EUR 700 million and EUR 730 million, and EBIT between EUR 22 million and EUR 24 million.
• The adjustment is due to a 15% reduction in the 2024 production programme by the main customer, compared to the initial forecast.
• This reduction will negatively impact the HÖRMANN Automotive division, which is expected to return to negative earnings in 2024 after a positive turnaround in 2023.
• Contact information for HÖRMANN Industries GmbH and IR.on AG is provided for further inquiries.

The price of 7 Hoermann 28 Bds at the time of the news was 107,00EUR and was down -0,30 % compared with the previous day.

7 Hoermann 28 Bds

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ISIN:NO0012938325WKN:A351U9

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