Biotest AG updates financial forecasts, expecting lower cash flow but maintaining EBIT guidance.

Biotest AG, a German healthcare firm, has updated its financial forecasts for revenue, cash flow, and ROCE but maintained its EBIT guidance at €80 million to €100 million. The company now expects a low single-digit revenue increase and a negative mid-double-digit million cash flow from operations, with ROCE projected between 5-8%. This update, made on November 14, 2024, complies with EU regulations and was disclosed through the EQS News service.

November 14, 2024
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