Picanol Group - Press releases

Picanol Group: upward revision of 2021 outlook as a result of impact of Tessenderlo Group’s Agro segment

Monday, November 22, 2021

Picanol Group (Euronext: PIC) anticipates the Adjusted EBITDA for 2021 to be approximately 15% higher than the 2020 Adjusted EBITDA (361.7 million EUR). The previous outlook projected the 2021 Adjusted EBITDA to be approximately 10% higher than the 2020 Adjusted EBITDA.