Strong order situation in drupa year 2024, resulting in order backlog of €1,080.0m, the highest in the company’s history
Underpinned by the high order backlog, the final quarter is expected to be strong
Outlook for 2024 confirmed: operating EBIT at the lower end of the forecast range of €25 – 40m, revenue target of around €1.3bn
As expected, Group revenue of €819.6m after nine months below the previous year in a persistently challenging market environment – but sequential improvement evident
Non-operating special effect: Focus programme “Spotlight” and expenses for drupe impact Group EBIT as expected with €34.9m
Operating EBIT of €-20.7m after nine months; significant improvement of operating EBIT achieved in Q3 at €4.2m after €-14.7m in Q2
Improvement in free cash flow and net working capital as of 30 September
Planned implementation of the “Spotlight” focus programme to ensure that the target EBIT margin of around 6% on Group revenue of around €1.5bn is achieved by 2026 at the latest