HEIDENHEIM, Germany, June 12, 2024-

The Voith Group performed well in the first six months of the current fiscal year 2023/24 (October 1, 2023 to March 31, 2024) despite major uncertainties in the markets. The company's focus was on further improving profitability: Voith was able to increase both the operating result and the net income in the reporting period. Net liquidity and orders received also improved.

As forecast, Group sales amounted to €2.64 billion, which was slightly lower than in the previous year (€2.75 billion). At €3.62 billion, orders received were significantly higher than in the previous year (€2.95 billion) – in particular due to a major order won by the Group Division Voith Hydro. Accordingly, the orders on hand reached a record level of €8.13 billion as of March 31, 2024 (previous year: €7.02 billion). The operating result (EBIT) improved again in the first half of the year to €129 million (previous year: €123 million) – as did the net income at €38 million (previous year: €29 million). The cash flow from operating activities (ONCF) showed a clearly positive development and amounted to €159 million, compared to €35 million in the same period of the previous year.

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