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General

Gigaset adjusts FY revenues and cash flow outlook due to semiconductor crisis

Tuesday 23 November 2021 | 09:43 CET | News
Gigaset said that it is adjusting its outlook for revenues and free cash flow for the fiscal year 2021 because of delivery bottlenecks from suppliers, especially in the semiconductor sector. Until now, the company had expected a slight increase in revenues compared with the previous year's EUR 214.2 million but is now expecting at least EUR 210 million. How much it achieves is largely dependent on current and future delivery suppliers, especially in the semiconductor sector.

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Categories: General
Companies: Gigaset
Countries: Germany
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