on SNP Schneider-Neureither & Partner AG (isin : DE0007203705)
SNP Increases 2024 Financial Outlook
On October 16, 2024, the Executive Board of SNP Schneider-Neureither & Partner SE announced an upward revision in their financial forecast for the full year 2024. This update reflects the robust performance observed in the third quarter and sustained market momentum. Previously projected revenues between €225 million and €240 million have been updated to a range of €240 million to €250 million.
Earnings Before Interest and Taxes (EBIT) have also been adjusted, with expectations now set between €21 million and €25 million, up from the previous forecast of €16 million to €20 million. SNP continues to anticipate a book-to-bill ratio exceeding one, indicating strong order entries in relation to sales revenue.
R. P.
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