27.04.2020 Jungheinrich AG  DE0006219934

DGAP-Adhoc: Jungheinrich AG: Jungheinrich retracts annual forecast for 2020 due to the COVID-19 pandemic and publishes figures for the first quarter of 2020


DGAP-Ad-hoc: Jungheinrich AG / Key word(s): Change in Forecast/Quarter Results
Jungheinrich AG: Jungheinrich retracts annual forecast for 2020 due to the COVID-19 pandemic and publishes figures for the first quarter of 2020

27-Apr-2020 / 14:02 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Jungheinrich retracts annual forecast for 2020 due to the COVID-19 pandemic and publishes figures for the first quarter of 2020

In light of the widespread uncertainty regarding the impact of the COVID-19 pandemic on global economic development, the Board of Management of Jungheinrich AG has decided today to retract the forecast for the 2020 financial year published in the 2019 annual report.

The current spread of the pandemic in all regions of the world as well as the containment measures implemented by many countries at present do not allow for any reliable assessment of the business development of Jungheinrich over the further course of the year. Since the publishing of the forecast report on 18 March 2020, the uncertainty with regard to the expected impact has increased considerably. Since the beginning of April, all regions and product segments have seen considerable decline in demand, leading to a significant drop in incoming orders; this will also lead to a corresponding decline in revenue over the course of the year. The forecast will be updated as soon as global containment efforts cause the pandemic to slow down and the impact on the further business development of Jungheinrich over the rest of 2020 becomes reliably quantifiable.

The influence of the pandemic on the business development of the Jungheinrich Group was still negligible in the first quarter of 2020. Therefore, decent values for incoming orders, revenue, EBIT and EBT were recorded in the first quarter of 2020. Incoming orders amounted to €1,016 million (previous year: €1,021 million), while Group revenue amounted to €920 million (previous year: €948 million) in the first three months of the current year due to a good number of orders on hand at the end of the 2019 financial year.

Earnings before interest and taxes amounted to €53.7 million (previous year: €59.6 million). Earnings before taxes (EBT) amounted to €43.5 million (previous year: €56.5 million). Accordingly, EBIT return on sales was 5.8 per cent (previous year: 6.3 per cent) and EBT return on sales 4.7 per cent (previous year: 6.0 per cent).

Production at all the Jungheinrich plants has been adapted and is currently running at an appropriate level; supply chains are largely intact. The other locations of the Group are also running to the extent allowed by the particular local governmental regulations, with no greater restrictions. Delivery capability can be fulfilled at present. Our after-sales service technicians are active all over the world to the extent that this is possible under local conditions.

With the highest priority, Jungheinrich implemented numerous measures to protect its employees and customers, as well as company processes. The Group has a future-oriented business model, a solid liquidity reserve and a healthy structure based on the statement of financial position.

Jungheinrich will publish its interim statement as of 31 March 2020 as planned on 8 May 2020.

Press enquiries to:

Martin Wielgus - Head of Corporate Communications
+49 40 6948-3976 / +49 151 54255852
[email protected]

Analyst/investor enquiries to:

Andrea Bleesen - Head of Investor Relations
+49 40 6948-3407
[email protected]

27-Apr-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: Jungheinrich AG
Friedrich-Ebert-Damm 129
22047 Hamburg
Phone: +49 40 6948-0
Fax: +49 40 6948-1777
E-mail: [email protected]
Internet: www.jungheinrich.com
ISIN: DE0006219934
WKN: 621993
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1030155

End of Announcement DGAP News Service

1030155  27-Apr-2020 CET/CEST


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 3.084,85 3.435,33 3.796,39 4.072,99 3.806,67 6.559,00 4.431,00
EBITDA1,2 398,04 439,39 475,53 534,85 507,05 749,00 782,00
EBITDA-Marge3 12,90 12,79 12,53 13,13 13,32 11,42 17,65
EBIT1,4 234,97 258,61 275,38 262,57 218,14 367,00 385,00
EBIT-Marge5 7,62 7,53 7,25 6,45 5,73 5,60 8,69
Jahresüberschuss1 154,36 182,15 175,81 176,78 150,77 235,00 254,00
Netto-Marge6 5,00 5,30 4,63 4,34 3,96 3,58 5,73
Cashflow1,7 142,12 70,50 218,62 345,16 550,81 0,00 0,00
Ergebnis je Aktie8 1,52 1,80 1,73 1,75 1,49 2,46 2,59
Dividende8 0,44 0,50 0,50 0,48 0,43 0,48 0,53
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

XETR:JUN3 Charts by TradingView (c)

Jungheinrich VZ
WKN Kurs in € Einschätzung Börsenwert in Mio. €
621993 42,080 Halten 4.292,16
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
15,59 17,21 0,91 28,24
2,85 7,79 1,13 8,56
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
0,43 0,48 1,14 10.05.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
06.05.2022 12.08.2022 10.11.2021 31.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-4,68% -3,20% -6,24% 9,93%
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Jungheinrich AG  ISIN: DE0006219934 können Sie bei DGAP abrufen

Maschinen-/Anlagenbau , 621993 , JUN3 , XETR:JUN3