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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.
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Biotest AG actualiza las previsiones financieras, esperando un menor flujo de caja pero manteniendo la orientación EBIT.