In this insightful video presentation, Romy Acosta, the Head of Investor Relations at JOST Werke SE, outlines the company’s solid financial results and optimistic growth forecast for Q1 2023.
The presentation reveals a robust sales growth of 9.6%, achieving EUR 341.6 million, and a substantial rise in adjusted EBIT by 15.5%, reaching EUR 39.7 million. The firm has also improved its profitability, demonstrated by an adjusted EBIT margin increase to 11.6%. Moreover, the adjusted EPS swelled by 9.3% to EUR 1.99, and free cash flow remarkably rose to EUR +13.3 million. Acosta highlights that JOST Werke SE’s commendable performance across different regions, notably in Asia-Pacific-Africa and North America, contributed significantly to these promising results.
The video concludes with an optimistic outlook for 2023, anticipating an increase in sales and adjusted EBIT by a low single-digit percentage, along with a slight improvement in the adjusted EBIT margin.
Reviews for JOST Werke SE Financial Results Q1 2023 | Solid Performance and Positive Outlook with IR