Following the strong first half-year and the sustained positive business development in the 3rd quarter of 2021, the management board of Villeroy & Boch AG has again raised its turnover and earnings forecast for the full year.
Villeroy & Boch now expects an increase in group turnover to over EUR 920 million (previous forecast: around EUR 885 million) and a group operating result of over EUR 85 million (previous forecast: over EUR 75 million).
The renewed increase in the earnings forecast is based on the higher turnover expectation for 2021.
Note: The interim report for Q3 2021 will be published as scheduled on 20 October 2021 and will contain detailed information on the business development in both divisions.