BRIEF

on SNP Schneider-Neureither & Partner AG (isin : DE0007203705)

SNP Increases 2024 Financial Outlook

Stock price chart of SNP Schneider-Neureither & Partner AG (EBR:SHF) showing fluctuations.

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.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all SNP Schneider-Neureither & Partner AG news