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Sep 30, 2020
Diebold Nixdorf Q3 2020 Earnings Report
Reported strong third quarter results with year-over-year growth in orders, gross profit, and operating profit, while tightening the 2020 outlook and increasing the DN Now savings target.
Key Takeaways
Diebold Nixdorf reported a strong third quarter with improving revenue trends, year-over-year order growth, and strong growth in gross profit and operating profit. The company is tightening its 2020 outlook to the upper end of the previously provided range and increasing its DN Now savings target from $470 million to $500 million to be realized through 2021.
Resilient operations and improving business environment drive year-over-year growth in orders, gross profit, operating profit and margins in the third quarter
Company tightens 2020 outlook to high end of range and increases DN Now savings target from $470 million to $500 million to be realized through 2021
Balanced focus on top-line growth and higher free cash flow conversion for 2021
Increased customer interest in refreshing ATMs with new capabilities and heightened orders for DN Series™ ATMs
Diebold Nixdorf
Diebold Nixdorf
Forward Guidance
The company tightens 2020 outlook to high end of range and increases DN Now savings target from $470 million to $500 million to be realized through 2021.