Datwyler with revised targets for 2022
Ad hoc announcement pursuant to Art. 53 LR SIX Swiss Exchange | May 18, 2022
The geopolitical developments of recent months have caused Datwyler’s input costs to rise sharply at all locations. At the same time, the ongoing shortage of electronic components in the automotive industry and the pandemic lockdowns in China have dampened revenue growth despite Datwyler’s unrestricted delivery capability. Due to the delayed effect of the implemented price increases and cost savings, there is a temporary pressure on margins.
Including the acquired QSR and Yantai Xinhui Packing, Datwyler is targeting revenue of between CHF 1’150 million and CHF 1’200 million for the full year 2022. The EBIT margin should be between 13% and 16%. An update will be provided at the publication of the half-year report. In the medium term, the self-defined target ranges for sales growth of 6% to 10% and for the EBIT margin of 18% to 21% remain valid.
Enquiries
Guido Unternährer
VP Financial Communication & Investor Relations
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