PRESS RELEASE
from Knaus Tabbert AG (isin : DE000A2YN504)
EQS-Adhoc: Knaus Tabbert AG: Knaus Tabbert AG beats market expectation in the first quarter of 2023
EQS-Ad-hoc: Knaus Tabbert AG / Key word(s): Interim Report/Forecast
Knaus Tabbert AG: Knaus Tabbert AG beats market expectation in the first quarter of 2023
28-Apr-2023 / 12:39 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Preliminary revenues for the first quarter of 2023 amount to EUR 368.5 million and preliminary EBITDA to EUR 32.7 million, both significantly above market expectations.
The available consensus estimates for the first quarter of 2023 are on average revenues of EUR 305.1 million and EBITDA of EUR 26.8 million.
The reason for this significant increase in profitability is the changed chassis purchasing strategy and the resulting positive product mix effects.
This development in the first quarter of 2023 continues to be in line with the full-year earnings guidance published on March 31, 2023. The Management Board maintains its full-year earnings guidance unchanged.
The publication of the final results for the first quarter of 2023 is scheduled for May 10, 2023.
Contact:
Investor Relations - Manuel Taverne - m.taverne@knaustabbet.de - +49 152 02092909
The available consensus estimates for the first quarter of 2023 are on average revenues of EUR 305.1 million and EBITDA of EUR 26.8 million.
The reason for this significant increase in profitability is the changed chassis purchasing strategy and the resulting positive product mix effects.
This development in the first quarter of 2023 continues to be in line with the full-year earnings guidance published on March 31, 2023. The Management Board maintains its full-year earnings guidance unchanged.
The publication of the final results for the first quarter of 2023 is scheduled for May 10, 2023.
Contact:
Investor Relations - Manuel Taverne - m.taverne@knaustabbet.de - +49 152 02092909
End of Inside Information
28-Apr-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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| Language: | English |
| Company: | Knaus Tabbert AG |
| Helmut-Knaus-Str. 1 | |
| 94118 Jandelsbrunn | |
| Germany | |
| Phone: | +49 (0)8583 / 21-1 |
| Fax: | +49 (0)8583 / 21-380 |
| E-mail: | info@knaustabbert.de |
| Internet: | www.knaustabbert.de |
| ISIN: | DE000A2YN504 |
| WKN: | A2YN50 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1620571 |
| End of Announcement | EQS News Service |
1620571 28-Apr-2023 CET/CEST