JOST Werke SE (XTER:JST)

€ 46.25 -2.15 (-4.44%) Market Cap: 689.13 Mil Enterprise Value: 844.19 Mil PE Ratio: 13.03 PB Ratio: 1.78 GF Score: 83/100

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€54.2 (+1.12%)

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Q1 2022 JOST Werke AG Earnings Call Transcript

May 12, 2022 / 09:00AM GMT

Release Date Price: €36.4 (+2.82%)

Transcript

Operator

Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining JOST Werke Q1 2022 Results Conference. (Operator Instructions) Our speakers today are Joachim Durr, CEO of JOST Werke AG; and Christian Terlinde, CFO.

I would now like to turn the conference over to Joachim Durr. Please go ahead.

Joachim Durr

JOST Werke AG - CEO, Chairman of the Executive Board & Chief Sales Officer

Yes. Thank you very much, and a very good morning. Welcome to the JOST Werke AG Q1 2012 Conference Call. Christian Terlinde, who is at the different sites today and myself will guide you through the presentation and are happy to take your questions afterwards.

So let's look at the highlights of what I think has been a very strong start into the year 2022, the highlights of the Q1. JOST has achieved a new sales record of EUR 312 million, that's plus 21% with strong growth in transport, 14%; and agriculture, 46% in the first quarter. Our adjusted EBIT margin remained robust at 11% despite rising costs, and we achieved a new record for the

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