DGAP-News: Villeroy & Boch AG: Consistently good business performance in third quarter of 2021 as well
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Following a strong first half-year and a consistently positive business performance in the third quarter, the Villeroy & Boch Group's consolidated revenue (including licence income) climbed by 24.7 % year-on-year to 684.5 million.
DGAP-News: Villeroy & Boch AG / Key word(s): Quarterly / Interim Statement Villeroy & Boch AG: Consistently good business performance in third quarter of 2021 as well 20.10.2021 / 08:00 The issuer is solely responsible for the content of this announcement. Press information Mettlach, 20 October 2021 Interim report on the third quarter of 2021
Revenue: Up 24.7 % on previous year Operating EBIT rises to € 61.8 million Development in the divisions The Dining & Lifestyle Division generated revenue of € 204.7 million in the first nine months of the 2021 financial year, an increase of 25.6 % or € 41.7 million on the previous year (€ 163.0 million). The previous year's revenue was severely impacted by the officially ordered worldwide closure of sales outlets and the global slump in demand as a result of the COVID-19 crisis. Revenue growth was generated in almost all sales channels in the first nine months of the 2021 financial year. Above all, this is reflected in the revenue from e-commerce (€ +22.0 million) and with our retail outlet partners (€ +18.8 million). Also, revenue declines (€ -0.9 million) at our own retail stores, which were affected by the second lockdown in the first and second quarters of 2021, have almost been compensated. Thanks to the substantial increase in revenue, the Dining & Lifestyle Division ended the period with operating EBIT of € 11.6 million, up € 20.6 million as against the previous year, which was also affected by downtime costs at the plants in Merzig and Torgau. Investments Outlook for 2021 as a whole
Anabell Westrich
20.10.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Villeroy & Boch AG |
Saaruferstraße 1-3 | |
66693 Mettlach | |
Germany | |
Phone: | +49 (0)6864 81-0 |
E-mail: | [email protected] |
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: | 1241916 |
End of News | DGAP News Service |
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1241916 20.10.2021