reports
- TMT Team
- TMT Team
- Thibault Morel
Q1 2023 growth driven by price effect but EBITA still affected by supp...
While TKH reported 8% growth in Q1 2023, this was mainly driven by price increases and higher output for industrial cameras as well as connectivity solutions, especially energy cables. EBITA margin declined by 60bps yoy to 12.8%, affected by supply constraints in the tyre building machine segment.
- TMT Team
- Thibault Morel
FY22 results in line with analysts' expectations
Sales grew 19% in FY 2022 in line with consensus expectations. While H2 2022 sales stagnated vs H1 2022 (+2% sequential growth), the group recorded strong new orders, expanding its backlog to six months of sales. Adjusted EBITA margin was also in line with expectations (EUR235m vs css EUR233m) at 1
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