EQS-News: FRIEDRICH VORWERK generates revenues of €373 million in 2023 with an EBITDA margin of 8.6% and expects further sales and earnings growth in 2024 with an order backlog of €1 billion
Net liquidity amounted to €42.1 million at the end of the financial year, an improvement of €14.8 million compared to the previous year.
- Net liquidity amounted to €42.1 million at the end of the financial year, an improvement of €14.8 million compared to the previous year.
- Against this backdrop, a dividend of €0.12 per share will be proposed to the Annual General Meeting on June 3, 2024.
- In the fourth quarter of 2023, Friedrich Vorwerk generated revenues of €98.2 million and EBITDA of €11.6 million.
- The order backlog as at December 31, 2023 amounted to €1,001 million, more than tripling the previous year's figure of €315 million.