(Adds Outlook)
By citing business performance, progress in integration of the acquired company Hyva, Jost Werke AG (JST.DE) reiterated its outlook for the full year.
Accordingly, the company continues to expect revenue from continuing operations to increase by 40-50% from the previous years $1.07 billion euros. It still sees adjusted EBITDA to grow by 23-28% compared with last year's $148.1 million euros. JOST also backed its adjusted EBIT guidance of 23-28% increase from $113 million euros reported last year.
Q3 Results:
Jost Werke released earnings for third quarter that dropped from last year.
The company's bottom line came in at EUR2.46 million, or EUR0.13 per share. This compares with EUR8.18 million, or EUR0.55 per share, last year.
Excluding items, Jost Werke AG reported adjusted earnings of EUR17.3 million or EUR1.11 per share for the period.
The company's revenue for the period rose 55.6% to EUR383.15 million from EUR246.26 million last year.
Jost Werke AG earnings at a glance (GAAP) :
-Earnings: EUR2.46 Mln. vs. EUR8.18 Mln. last year.-EPS: EUR0.13 vs. EUR0.55 last year.-Revenue: EUR383.15 Mln vs. EUR246.26 Mln last year.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.