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WashTec AG, DE0007507501

WashTec AG, DE0007507501

13.07.2021 - 12:12:15

WashTec AG: WashTec raises revenue and earnings expectation for 2021

As a result of the strong second quarter and continued encouraging order intake, WashTec raises its revenue guidance for the 2021 financial year. As of today, the company expects revenue to increase by more than 9% (previously: increase of > 5%). At the same time, the Group expects an EBIT margin in a range of 10% (prior year: 5.3%), also driven by significant efficiency improvements. From today's perspective, this expectation is especially subject to maintaining global supply chains, continued delivery capability and material price developments. Contact: WashTec AG Dr. Kerstin Reden Argonstrasse 7 86153 Augsburg Tel.: +49 (0)821 - 5584 - 1142 Fax: +49 (0)821 - 55 84 - 1135

13-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: WashTec AG Argonstra?e 7 86153 Augsburg

Germany Phone: +49 (0)821 55 84-0 Fax: +49 (0)821 55 84-1135 E-mail: washtec@washtec.de Internet: www.washtec.de ISIN: DE0007507501 WKN: 750750 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1218290 ? End of Announcement DGAP News Service

1218290??13-Jul-2021?CET/CEST

@ dgap.de