The commercial vehicle supplier Jost Werke
Adjusted operating earnings before interest and taxes (adjusted EBIT) fell by almost 5 percent to a good 73 million euros, the corresponding margin fell by 1.2 percentage points to 9.2 percent. Here Jost Werke felt the consequences of the pandemic. In the fourth quarter, however, the company recorded a significant improvement in profitability and was able to increase its sales by almost half. CEO Joachim Dürr spoke of a difficult but ultimately successful year.
The company initially gave no information on the surplus, forecast or dividend. Jost Werke plans to announce its outlook for the current financial year 2021 when the final figures are presented on March 25th. Then the people of Neu-Isenburg want to comment on the dividend proposal for 2020. / eas / stw
Copyright dpa-AFX Wirtschaftsnachrichten GmbH. All rights reserved. Redistribution, republication or permanent storage without the express prior consent of dpa-AFX is not permitted.