08.05.2020 2G Energy AG  DE000A0HL8N9

DGAP-News: 2G Energy AG plans stable dividend of EUR 0.45 per share


DGAP-News: 2G Energy AG / Key word(s): Dividend/Annual Results
2G Energy AG plans stable dividend of EUR 0.45 per share

08.05.2020 / 08:30
The issuer is solely responsible for the content of this announcement.

Corporate News Heek, May 8, 2020

2G Energy AG (ISIN DE000A0HL8N9), one of the internationally leading manufacturers of gas driven combined heat and power (CHP) systems, will propose a dividend of EUR 0.45 per share for the 2019 financial year at the Annual General Meeting on June 23, 2020. "Despite the Covid-19 crisis and its effects - the full extent of which cannot be gauged at present - 2G is thereby enabling its shareholders to participate in the company's success and profitability on a continuous and sustainable basis with a stable dividend," as CFO Friedrich Pehle explains the Management and Supervisory boards' joint proposal. "At the same time, we are thereby securing the financial and innovative strength for our further growth."

Due to the ongoing spread of the coronavirus (SARS-CoV-2), 2G plans to hold its first ever virtual Shareholders' Annual General Meeting this year. The Management Board has decided to make use of new legislation, as it cannot be assumed with certainty that it will be possible to hold presence general meetings in the foreseeable future without putting at risk the health of shareholders, internal and external employees, as well as members of the company's boards.

Strong asset and financial position
Total assets increased to EUR 140.9 million as of December 31, 2019 (previous year: EUR 124.8 million). This change especially reflected an increase in the inventory of engines, which proved to be a major advantage in view of the temporary factory closures in Europe. Overall, inventories rose to EUR 60.4 million at the end of 2019 (previous year: EUR 46.1 million). As of December 31, 2019, 2G reported equity of EUR 68.5 million (previous year EUR 61.6 million), corresponding to an equity ratio of almost 50 %.

This high equity ratio, combined with continued comfortable liquidity and credit lines that were significantly expanded in 2019, form a very solid foundation, on which 2G sees itself as well prepared for the coming months. For the current financial year, the Management Board remains cautiously optimistic that the targets it has set for net sales (between EUR 235 million and EUR 250 million) and for the EBIT margin (between 5.5 % and 7.0 %) can be achieved.

Annual report 2019 now available for download
The audited consolidated financial statements, the 2019 annual report, and a multi-year overview of key figures are available for download in German and English at http://www.2-g.com/de/finanzpublikationen/.

2G company portrait
2G Energy AG is an internationally leading full-service provider of combined heat and power systems (CHP) with electric output between 20 kW and 2,000 kW, which are deployed for the decentralized generation and supply of electricity and heating. 2G is consistently expanding its technology leadership through continuous research and development work, both in gas engine technology for natural gas, biogas and synthetic gas applications (e.g. hydrogen), as well as in specific software development. In particular, this product range, which is based on thousands of systems realized, significantly differentiates 2G from its competitors.

2G benefits from global long-term trends that make efficient and effective energy solutions ever more important. These include rising energy demand accompanied at the same time by the need to conserve natural resources. Moreover, in the energy revolution's future electricity market design, the digitalization that 2G consistently implements forms an indispensable system-relevant element in combination with solar, wind, biogas and natural gas producers and creates a high barrier to market entry for competitors.

The cogeneration of mechanical/electrical energy and usable heat makes CHP technology more efficient and climate-compatible than conventional energy production methods, especially if, for example, hydrogen from regenerative sources is utilized as fuel. 2G power systems offset fluctuating electricity production from wind and solar power plants in line with demand, consequently forming a backbone technology for future supply concepts. 2G customers thereby benefit consistently from economically and ecologically highly beneficial innovations that rapidly pay for themselves and create extensive added values.

2G employs around 650 staff at its headquarters in Heek, Germany, in St. Augustine, USA, as well as at five other European locations. The company is active in a total of 50 countries and generated sales of some EUR 236.0 million in the 2019 financial year. 2G was founded in 1995 and has been listed on the stock market since 2007. The shares of 2G Energy (ISIN DE000A0HL8N9) are listed in the "Scale" segment of the Frankfurt Stock Exchange. The share capital amounts to EUR 4,430,000 and is divided into 4,430,000 shares. As of December 31, 2019, company founders Christian Grotholt and Ludger Gausling held a 52.3 % interest in the company, with the free float amounting to 47.7 %.

2020 calendar dates
May 28                       Q1 key figures and business trends
June 30 - July 01       Spring conference, Frankfurt am Main
June 23                     Ordinary AGM, Heek
September 17           H1 Interim consolidated financial statements as of June 30, 2020
November 16            Q3 key figures and business trends
November 16-18       German Equity Forum, Frankfurt am Main

IR contact
2G Energy AG
Benzstr. 3, 48619 Heek
Phone: +49 (0)2568 93 47-2795
Fax: +49 (0)2568 93 47-15
Email: [email protected]
Internet: www.2-g.de

08.05.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language: English
Company: 2G Energy AG
Benzstr. 3
48619 Heek
Phone: +49 (0)2568-9347-0
Fax: +49 (0)2568-9347-15
E-mail: [email protected]
Internet: www.2-g.de
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange
EQS News ID: 1038901

End of News DGAP News Service

1038901  08.05.2020 


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 174,30 189,40 209,78 236,40 246,73 266,35 306,00
EBITDA1,2 9,24 11,12 15,37 19,17 20,11 21,87 27,00
EBITDA-Marge3 5,30 5,87 7,33 8,11 8,15 8,21 8,82
EBIT1,4 5,65 7,33 11,45 15,45 16,45 17,93 23,00
EBIT-Marge5 3,24 3,87 5,46 6,54 6,67 6,73 7,52
Jahresüberschuss1 1,78 4,92 7,61 10,30 11,96 12,64 16,20
Netto-Marge6 1,02 2,60 3,63 4,36 4,85 4,75 5,29
Cashflow1,7 6,38 12,85 4,88 1,92 9,79 8,86 10,20
Ergebnis je Aktie8 0,40 1,11 1,72 2,33 2,70 2,82 3,60
Dividende8 0,40 0,42 0,45 0,45 0,45 0,50 0,55
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - 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

2G Energy
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0HL8N 98,600 Kaufen 442,22
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
22,93 26,49 0,87 57,83
4,78 49,90 1,66 19,55
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
0,45 0,50 0,51 03.06.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
19.05.2022 08.09.2022 21.11.2022 21.04.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-10,79% -6,24% -4,46% 11,16%
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