Villeroy & Boch AG: Villeroy & Boch with strong increase in sales and record result
January 27, 2022 at 09:37 am EST
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DGAP-Ad-hoc: Villeroy & Boch AG / Key word(s): Preliminary Results
Villeroy & Boch AG: Villeroy & Boch with strong increase in sales and record result
27-Jan-2022 / 15:35 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.
Preliminary figures for the 2021 financial year: Villeroy & Boch with strong increase in sales and record result
Mettlach, 27.01.2022 - In the past financial year, Villeroy & Boch increased its group net sales including licence income by 18 % to ? 945 million and thus significantly exceeded the forecast (? 920 million) last adjusted in September 2021. There are double-digit growth rates in both divisions, which is especially remarkable.
The September forecast (? 85 million) was also clearly exceeded in the group operating result (EBIT) with a record amount of around ? 92 million. This is by far the highest group operating result since the IPO in 1990.
This extraordinarily positive business development is not only evident compared to 2020, but also in a similar form in comparison to the 2019 financial year, which was unaffected by the pandemic, and thus underlines the substantially improved performance of the Group.
Note: Villeroy & Boch will provide information about the final figures for the fourth quarter and the financial year 2021 on 17 February 2022 when the consolidated financial statements are published at the annual press and analysts' conference.
Press Relations Contact:
Katrin May
Head of Corporate Communications
Tel: +49 (0) 68 64 81 27 14
E-Mail: may.katrin@villeroy-boch.com
Investor Relations Contact:
Susanne Reiter
Head of Corporate Treasury and Investor Relations
Tel: +49 (0) 68 64 81 12 27
E-Mail: reiter.susanne@villeroy-boch.com
27-Jan-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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
Villeroy & Boch AG is a Germany-based ceramic manufacturing company. The Company is a full- service provider for bathroom and tableware and living accessories. It operates through two segments: Bathroom & Wellness and Dining & Lifestyle. The Bathroom & Wellness segment manufactures ceramic sanitary ware, ceramic kitchen sinks, bathroom furniture, bathtubs and shower tubs, whirlpools, bath and kitchen fitting and accessories. The product range also includes shower toilets, installation systems, outdoor whirlpools and accessories. The Dining & Lifestyle segment covers the full range of tableware, glass and cutlery for the stylish table, as well as home accessories, gifts and clever go to solutions made of porcelain.