Worldwide News 2022.08.10.
Wacker Neuson reports strong growth in first half of 2022

H1 revenue up 15.5 percent on previous year; double-digit growth across all reporting regions EBIT margin 8.2 percent (-2.6 pp yoy); profitability impacted by ongoing supply chain strains and persistently high costs for materials, energy and shipping; second quarter earnings develop positively relative to Q1 (+1.3 pp) Increase in net working capital due to limited material availability and to ensure security of supply Supply chains and price dynamics in procurement market remain biggest challenges Revenue guidance unchanged at EUR 1,900 to 2,100 million; earnings guidance narrowed with EBIT margin set between 9.0 and 10.0 percent