Tognum with Improved Order Intake in First Quarter-Forecast for the Year Confirmed

摘要

The specialist for propulsion and power solutions, Tognum, has completed the first three months of the current financial year in line with expectations and confirms its forecast for the full year.rn"Despite the modest quarterly revenues as expected, we managed to achieve an adjusted EBIT margin of 8.4%," said Volker Heuer, Chairman of the Executive Board of Tognum AG. The company continues to expect an adjusted EBIT margin (adjusted return on sales) of 6 to 9%, with revenues of €2.3 to 2.5 billion.