2Yr·
Opinion for $DESN
🚀 Bullish

Today my absolute favorite stock $DESN (+3.33%) Dottikon ES Holding AG, published figures for the first half of fiscal year 2021/22.

Compared to the same period last year, Dottikon ES was able to:

-Increased net sales by 10.9%

-The EBITDA by 13.2% (EBITDA margin to 37.7%)

-EBIT by 13% (EBIT margin to 27.3)

-net profit by 13.2% (net profit margin to 23.5%).


The Board of Directors approved the construction of a new drying plant, which should secure long-term growth and will be operational in 2024. The expansion and development of the infrastructure of $DTI will continue and the construction of the new multi-purpose chemical production plant for pharmaceutical active ingredients is progressing according to plan and will come on stream in 2025.


Source:

Ad hoc release Dottikon ES


https://dottikon.com/dottikon-es-en/documents/investors/media-releases/en/media_release_2021-11-26/


https://dottikon.com/dottikon-es-en/documents/investors/financial-reports/en/half_year_report_2021_22/


As always, no investment advice, investment recommendation or invitation to act.

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