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JOST Werke SE Financial Results Q1 2023 | Solid Performance and Positive Outlook with IR
May 16, 2023-
05:00 
Investor Relations
JOST Werke SE Q1 2023: Key Takeaways
Romy Acosta on Q1 2023 Financial Highlights
In this insightful video presentation, Romy Acosta, the Head of Investor Relations at JOST Werke SE, unveils the company’s impressive financial results and an optimistic growth forecast for Q1 2023.
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Key Financial Milestones
The presentation discloses a robust sales growth of 9.6%, totalling EUR 341.6 million, accompanied by a substantial 15.5% uptick in adjusted EBIT, which equates to EUR 39.7 million. Furthermore, JOST Werke SE showcased an enhancement in profitability, indicated by an adjusted EBIT margin expansion to 11.6%. The adjusted EPS also saw a favorable surge of 9.3%, settling at EUR 1.99, while the free cash flow notably ascended to EUR +13.3 million. Acosta underscores that the laudable performance of JOST Werke SE across diverse regions, especially in the Asia-Pacific-Africa and North America sectors, played a pivotal role in achieving these prosperous results.
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Contributing Factors to Financial Success
The accomplished financial milestones can be attributed to the commendable performance across different regions, notably in Asia-Pacific-Africa and North America, contributing significantly to these promising results.
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Looking Ahead: JOST Werke SE’s 2023 Outlook
The video wraps up with a sanguine forecast for 2023, projecting an ascent in sales and adjusted EBIT by a low single-digit percentage and foreseeing a subtle enhancement in the adjusted EBIT margin.
Chapters
Strong Growth in Sales and Profits
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