EQS-News: WashTec AG: New revenue record and substantial 10.3% increase in EBIT with significant rise in free cash flow to €46.1m
The year-on-year revenue growth was mainly due to the very positive performance in the chemicals business, where new customers were acquired.
- The year-on-year revenue growth was mainly due to the very positive performance in the chemicals business, where new customers were acquired.
- Largely due to the implemented price increases and active cost management, EBIT rose by 10.3% to €41.9m (prior year: €38.0m).
- Free cash flow increased significantly to €46.1m (prior year: €16.2m) despite the €9.5m acquisition of the site occupied by the American subsidiary.
- The annual report for fiscal year 2023 and further information about WashTec can be found on the WashTec: Investor Relations Website .