EQS-News: FRIEDRICH VORWERK increases revenue by 6% in the first nine months with an EBITDA margin of 7.4% and triples order intake to over €1 billion
The order backlog as of 30 September 2023 increased to €1,049 million as a result.
- The order backlog as of 30 September 2023 increased to €1,049 million as a result.
- FRIEDRICH VORWERK increased its revenue by 6.3% to €275.1 million in the first nine months.
- With an EBITDA margin of 7.4% and an adjusted EBIT margin of 2.6%, profitability in the first nine months remained significantly below the previous year.
- Despite the temporarily lower level of profitability, the Management Board of Friedrich Vorwerk Group SE is looking positively to the future.