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Thu, 14.11.2024
JOST generates strong free cash flow in the third quarter of 2024 despite cyclical market downturn and paves the way for further strategic long-term growth
Cycle-driven decline in sales: sales of EUR 246 million (Q3 2023: EUR 292 million)
Profitability remains strong: adjusted EBIT margin with 10.8% at the upper end of range and adjusted EBIT r...
JOST acquires Hyva – sale and purchase agreement to acquire Hyva signed
Larger and stronger group: The acquisition of Hyva will add over EUR 600 million in sales to the group and transforms JOST into an even stronger supplier for commercial vehicles with combined pro-forma group sales of around EUR 1.8 billion and a combined pro-forma group adj....
JOST acquires Hyva – sale and purchase agreement to acquire Hyva signed
Neu-Isenburg, October 14, 2024. JOST Werke SE ("JOST"), a leading global producer and supplier of safety-critical systems for commercial vehicles, today signed a sale and purchase agreement with Unitas Capital Pte. Ltd. and NWS Holdings Limited, to purchase all shares in Hy...
JOST publishes preliminary interim results for the third quarter of 2024 and adjusts outlook for fiscal year 2024
Neu-Isenburg, October 11, 2024 - JOST Werke SE ("JOST"), a leading global producer and supplier of safety-critical systems for commercial vehicles, announced its preliminary and unaudited interim results for the third quarter of 202...
JOST enters into exclusivity agreement to acquire Hyva
JOST signs exclusivity agreement to acquire Hyva: JOST intends to significantly broaden its product portfolio and to add the global market leader in hydraulic cylinders to its family of brands.
Expected additional sales contribution of around EUR 624 million p.a.: Hyva will strengthen JOST’s ...
JOST enters into exclusivity agreement to acquire Hyva
JOST signs exclusivity agreement to acquire Hyva: JOST intends to significantly broaden its product portfolio and to add the global market leader in hydraulic cylinders to its family of brands.
Expected additional sales contribution of around EUR 624 million p.a.: Hyva will strengthen JOST’s ...
JOST enters into exclusivity agreement to acquire Hyva
Neu-Isenburg, September 16, 2024. JOST Werke SE ("JOST"), a leading global producer and supplier of safety-critical systems for commercial vehicles, today entered into an exclusivity agreement with Unitas Capital Pte. Ltd. and NWS Holdings Limited, with a view to finalizing the terms of a tran...
JOST enters into exclusivity agreement to acquire Hyva
Neu-Isenburg, September 16, 2024. JOST Werke SE ("JOST"), a leading global producer and supplier of safety-critical systems for commercial vehicles, today entered into an exclusivity agreement with Unitas Capital Pte. Ltd. and NWS Holdings Limited, with a view to finalizing the terms of a tran...
JOST presents growth strategy and its 2030 ambitions
JOST sets out a clear goal for its relevant markets and product areas: Be the No. 1 supplier for on- and off-highway commercial vehicles worldwide
Sales target of more than EUR 2 billion by 2030: JOST aims to generate sales of more than EUR 2 billion by 2030; this represents a CAGR of 7% (202...
JOST fit for the future with new syndicated loan of EUR 280 million
Successful refinancing of the syndicated loan due to mature
Link to ESG targets reinforces JOST's commitment to sustainability
New syndicated loan with EUR 140 million term loan and EUR 140 million credit line
Neu-Isenburg, September 2, 2024 - JOST Werke SE ("JOST"), a lead...
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