Noerresundby, Denmark, 19 September 2022
Announcement no. 16/2022
RTX upgrades its income and earnings expectations for the monetary 12 months 2021/22 because of a stronger supply efficiency in This autumn of 2021/22 than beforehand anticipated.
The anticipated income in 2021/22 is upgraded from beforehand above DKK 550 to 610 million to now round DKK 650 million. The improve in anticipated income displays a supply efficiency in This autumn stronger than beforehand anticipated. The stronger supply efficiency is pushed by the part shortage within the electronics business starting to enhance, by profitable part redesigns and by the absence of different extraordinary provide challenges resembling lockdowns affecting manufacturing, delivery and logistics and so forth. in This autumn. A scarcity of elements remains to be seen, however the state of affairs has improved in the direction of the tip of RTX’s monetary 12 months.
The anticipated EBITDA is upgraded from beforehand DKK 50 to 70 million to now round DKK 80 million. The anticipated EBIT is upgraded from beforehand DKK 10 to 30 million to now round DKK 40 million. The increased anticipated earnings are attributable to the anticipated income and gross margin ranges. While anticipated income is increased, the anticipated gross margin degree is impacted by the income combine (with increased product gross sales driving the rise in anticipated income) and by the necessity to safe elements within the spot purchase market and thru different channels.
Guidance overview monetary 12 months 2021/22:
| Original outlook 2021/22 (30 Nov 2021) | Previous outlook 2021/22 (7 July 2022) | Updated outlook for 2021/22 | |
| Revenue | Above DKK 520 million | DKK 550 to 610 million | Around DKK 650 million |
| EBITDA | Above DKK 50 million | DKK 50 to 70 million | Around DKK 80 million |
| EBIT | Above DKK 10 million | DKK 10 to 30 million | Around DKK 40 million |
The above statements on future income and working revenue (EBITDA and EBIT) mirror Management’s present outlook and carry some uncertainty. These statements will be affected by numerous dangers and uncertainties, which imply that precise developments and outcomes will be materially totally different from the expectations expressed straight or not directly on this firm announcement. These dangers and uncertainties embody, however are usually not restricted to, common financial situations and developments together with the influence of the COVID-19 pandemic, modifications in demand for RTX’s services and products, competitors, technological modifications, fluctuations in currencies, part prices and availability and fluctuations in sub-contractor provides in addition to legislative and/or regulatory modifications.
RTX broadcasts its annual report for 2021/22 on 29 November 2022.
Enquiries and additional data:
CEO Peter Røpke, tel +45 96 32 23 00
RTX’s homepage: www.rtx.dk
- RTX CA No 16-2022 – 19.09.2022 – RTX upgrades income and earnings steering for 2021-22
