WashTec AG: EBIT Soars 7.8% Despite Revenue Dip – A Stock to Watch!

• Revenue for the first half of 2024 was €220.2m, down 6.8% from the prior year (€236.2m).
• EBIT for the first half of 2024 increased by 7.8% to €16.6m (prior year: €15.4m).
• Free cash flow improved significantly to €20.1m in the first half of 2024 (prior year: €6.5m).
• The order backlog at the end of June 2024 was at the same high level as a year earlier.
• WashTec Group confirms the guidance for fiscal year 2024, expecting similar revenue to the prior year and a mid single-digit percentage increase in EBIT.
• WashTec AG's strategic focus remains on total customer care and regional emphasis on North America and Europe.

The next important date, Publication of the Half-Year Financial Report 2024, at WashTec Akt is on 05.08.2024.

The price of WashTec Akt at the time of the news was 35,05EUR and was down -0,71 % compared with the previous day.
19 minutes after the article was published, the price was 34,95EUR this corresponds to a minus of -0,29 % since publication.

WashTec Akt

+0,55 %

+1,39 %

0,00 %

-10,73 %

+7,65 %

-35,79 %

-26,95 %

+69,16 %

+222,52 %

ISIN:DE0007507501WKN:750750

• Intraday
• 5 Tage
• 1 Monat
• 3M
• 1 Jahr
• 3J
• 5J
• 10J
• Max