Villeroy & Boch AG

Earnings Release • Dec 16, 2020

News Details

Ad-hoc | 16 December 2020 22:09

Villeroy & Boch AG: Villeroy & Boch raises its forecast for the 2020 financial year again

Villeroy & Boch AG / Key word(s): Change in Forecast

Villeroy & Boch AG: Villeroy & Boch raises its forecast for the 2020 financial year again

16-Dec-2020 / 22:09 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Villeroy & Boch raises its forecast for the 2020 financial year again

Mettlach, 16.12.2020 – The Management Board of Villeroy & Boch AG today raised its forecast for the 2020 financial year once again. In view of the very good business development in the current 4th quarter of 2020 and continued stringent cost management, it now expects an operating result (EBIT) of at least EUR 45 million. The company had already raised its forecast in October to an EBIT of EUR 30 – 35 million.

The Annual Report 2020 will be published on 17 February 2021.

Contact:

Katrin May

Head of PR

Tel.: +49 (0) 68 64 81 27 14

E-Mail: may.katrin@villeroy-boch.com

Susanne Reiter

Head of Corporate Treasury and Investor Relations

Tel.:  +49 (0) 68 64 81 12 27

E-Mail: reiter.susanne@villeroy-boch.com

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16-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

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Language:	English
Company:	Villeroy & Boch AG
	Saaruferstraße 1-3
	66693 Mettlach
	Germany
Phone:	+49 (0)6864 81-0
E-mail:	information@villeroy-boch.com
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:	1155874

End of Announcement	DGAP News Service