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Villeroy & Boch AG: Villeroy & Boch raises its forecast for the 2020 financial year again

·1-min read

Villeroy & Boch AG / Key word(s): Change in Forecast
Villeroy & Boch AG: Villeroy & Boch raises its forecast for the 2020 financial year again

16-Dec-2020 / 22:09 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Villeroy & Boch raises its forecast for the 2020 financial year again
 
Mettlach, 16.12.2020 - The Management Board of Villeroy & Boch AG today raised its forecast for the 2020 financial year once again. In view of the very good business development in the current 4th quarter of 2020 and continued stringent cost management, it now expects an operating result (EBIT) of at least EUR 45 million. The company had already raised its forecast in October to an EBIT of EUR 30 - 35 million. 
 
The Annual Report 2020 will be published on 17 February 2021.

Contact:

Katrin May
Head of PR
Tel.: +49 (0) 68 64 81 27 14
E-Mail: may.katrin@villeroy-boch.com

Susanne Reiter
Head of Corporate Treasury and Investor Relations
Tel.:  +49 (0) 68 64 81 12 27
E-Mail: reiter.susanne@villeroy-boch.com

16-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Villeroy & Boch AG

Saaruferstraße 1-3

66693 Mettlach

Germany

Phone:

+49 (0)6864 81-0

E-mail:

information@villeroy-boch.com

Internet:

www.villeroy-boch.de

ISIN:

DE0007657231, DE0007657207

WKN:

765723

Listed:

Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1155874


 

End of Announcement

DGAP News Service

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