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DGAP-News: Wacker Neuson SE / Key word(s): Quarterly / Interim Statement
Wacker Neuson SE: Successful start to the year with a sharp rise in profitability
10.05.2021 / 07:00
Wacker Neuson SE: Successful start to the year with a sharp rise in profitability
Q1 revenue 5.6 percent up on previous year
51-percent rise in EBIT; EBIT margin at 10.0 percent (+3.0 PP yoy)
Net working capital ratio close to strategic target at 31 percent
Cash flow from operating activities slightly higher than prior-year level
Net financial debt remains at very low level
Dynamic trends in order intake
Guidance remains unchanged
Christoph Burkhard named new CFO
Munich, May 10, 2021 - Leading light and compact equipment manufacturer the Wacker Neuson Group has made a successful start to 2021. Group revenue for the first quarter amounted to EUR 434.0 million, which is a rise of 5.6 percent relative to the previous year (Q1/20: EUR 410.8 million). Adjusted for currency effects, this corresponds to a
DGAP-News: Wacker Neuson SE: Gelungener Jahresauftakt mit deutlich gesteigerter Profitabilität
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DGAP-News: Wacker Neuson SE / Key word(s): Personnel
Wacker Neuson SE: Christoph Burkhard named new CFO of Wacker Neuson SE
05.05.2021 / 14:00
Christoph Burkhard named new CFO of Wacker Neuson SE
Munich, May 5, 2021 - Christoph Burkhard will become the new CFO of Wacker Neuson SE with effect as of June 1, 2021. He follows on from Mag. Kurt Helletzgruber, who was seconded from the Supervisory Board to the Executive Board and is currently serving as CEO and CFO for an interim period. With Christoph Burkhard, we have won a CFO with a large amount of international experience coupled with outstanding expertise in financing and the execution of global transformation processes, explains Hans Neunteufel, Chairman of the Supervisory Board of Wacker Neuson SE. In addition to this, Mr. Burkhard has already proven his ability to successfully and sustainably manage working capital in a rapidly expanding global engineering company - a very important area also for our Group, he adds.