“Despite ongoing market volatility, Voith has delivered a robust performance in the initial half of the fiscal year. We’ve seen a notable enhancement in both cash flow and profitability,” says Dr. Toralf Haag, CEO of Voith Group.
“As a result, Voith maintains a solid operational and financial foundation, ensuring we have ample resources to invest towards our future growth.”
Key Highlights of Voith Group’s Half-Year Performance:
• Group Sales: Reached €2.64 billion, a slight decrease from the previous year’s €2.75 billion.
• Orders Received: Significantly increased to €3.62 billion, up from €2.95 billion, boosted by a major order for Voith Hydro.
• Orders on Hand: Hit a record high of €8.13 billion as of March 31, 2024, compared to €7.02 billion the previous year.
• Operating Result (EBIT): Improved to €129 million, up from €123 million in the previous year.
• Net Income: Rose to €38 million, an improvement over the previous year’s €29 million.
• Cash Flow: From operating activities surged to €159 million, a substantial increase from €35 million in the same period of the previous year.
corruga.expert
