PRESS RELEASES & AD-HOC
Edel SE & Co. KGaA: Higher revenue and earnings forecast for fiscal year 2020/21
Hamburg, 27.07.2021 (12:22 p.m.)
- Net income will be between 5.5 and 7.5 million Euros, revenues between 240 and 250 million Euros
The management of Hamburger Edel SE & Co. KGaA (WKN 564950) today analyzed financial data for the 2020/21 fiscal year ending September 30, 2021.
The consolidated net income (before minority interests) is expected to be between 5.5 and 7.5 million Euros (previous forecast 4.0 to 6.0 million Euros) and revenues between 240 and 250 million Euros (previous forecast 220 to 230 Million Euros).
These assumptions are based on management’s current estimates. It is still not possible to fully assess the development of the Covid-19 pandemic, the dynamics of which could change the supply or sales side at any time.
The higher forecast for revenues and consolidated net income for the year results from a positive development across all business segments of Edel SE & Co. KGaA.