10.09.2020 Francotyp-Postalia Holding AG  DE000FPH9000

DGAP-News: Francotyp-Postalia Holding AG: FP confirms figures for first half of 2020


 

DGAP-News: Francotyp-Postalia Holding AG / Key word(s): Half Year Results
Francotyp-Postalia Holding AG: FP confirms figures for first half of 2020

10.09.2020 / 07:30
The issuer is solely responsible for the content of this announcement.


P R E S S   R E L E A S E
 

FP confirms figures for first half of 2020

  • Revenue reaches € 99.7 million
  • Impact of coronavirus particularly significant in Q2
  • EBITDA rises to € 13.1 million
  • Adjusted free cash flow at € 9.9 million

Berlin, 10 September 2020 - Francotyp-Postalia (FP), the expert in secure mail business and secure digital communication processes (ISIN DE000FPH9000), today published its report on the first half of 2020. In it, the company confirms the provisional figures it published on 27 August, 2020. In the first half of 2020, FP generated revenues of € 99.7 million compared with € 99.0 million in the same period of the previous year, with the coronavirus pandemic having a particularly significant impact in the second quarter. The Mail Services business made a positive contribution, with an 11.8 % rise in revenues year on year to € 29.3 million. In the core Franking and Inserting business, revenues were down 2.6 % on the previous year at € 62.3 million. Revenues in the Software/Digital business posted an 8.5 % decrease to € 8.1 million in the first half of 2020. In addition to a reduction in business with hybrid mail services due to the coronavirus pandemic, the anticipated revenue contributions from FP Sign and from the Internet of Things (IoT) business were still lacking.

In the first half of 2020, the FP Group generated earnings before interest, taxes, depreciation and amortisation (EBITDA) of € 13.1 million (up 11.7 % year on year). The FP Group's EBITDA margin increased to 13.1 % after 11.9 % in the previous year. Particularly strong contributions came from the Mail Services business and the ACT project JUMP, which, as expected, is delivering increasingly recurring savings effects.

Free cash flow increased to € 5.9 million in the first six months of 2020. Adjusted for investments in finance lease assets, M&A expenditure and payments for the ACT project JUMP, the FP Group generated adjusted free cash flow of € 9.9 million compared with € 4.0 million in the same period of the previous year.

FP specifies forecast 2020

Based on the half-year figures and its assessments regarding the further development of the coronavirus pandemic, the Management Board had further detailed its forecast. For 2020 as a whole, FP anticipates a decline in revenue to between € 195 million and € 203 million and EBITDA in a range of € 24 million to € 28 million. With regard to adjusted free cash flow, FP still expects a significant year-on-year decline.

Key figures at a glance:

in € million H1 2020 H1 2019
Revenue 99.7 99.0
Cost of materials 48.0 48.9
Staff costs 31.2 30.5
Other expenses 15.4 17.6
EBITDA 13.1 11.7
EBIT 1.9 0.8
Consolidated net income 1.8 0.7
Earnings per share (in €, basic/diluted) 0.11 0.04
Free cash flow 5.9 -1.3
Adjusted free cash flow 9.9 4.0
 


For press enquiries, please contact:
Maik Laske
Head of Treasury / M&A / Investor Relations
Tel.: +49 (0) 30 220 660 296
E-mail: [email protected]

Karl R. Thiel, VP Corporate Communications
Tel.: +49 (0) 30 220 660 123
E-mail: [email protected]

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About Francotyp-Postalia (FP)
The international, listed FP Group with headquarters in Berlin, Germany, is an expert in secure mailing business and secure digital communication processes (FP = "secure digital communication"). As market leader in Germany and Austria, the FP Group offers digital solutions for companies and authorities as well as products and services for efficient mail processing and the consolidation of business mail in the "Software/Digital", "Franking and Inserting" and "Mail Services" segments. The Group generated revenue of around €210 million in 2019. FP has subsidiaries based in ten different countries and is represented by its own trading network in an additional 40 countries. With a company history spanning 97 years, FP possesses a unique DNA in the areas of actuating elements, sensor systems, cryptography and connectivity. FP's global market share for franking systems stands at twelve percent, while the company boasts unique high-security solutions for the Internet of Things (IoT/IIoT) and digital document signatures in the digital segment.

You can find out more at www.fp-francotyp.com.


 


10.09.2020 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.

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Language: English
Company: Francotyp-Postalia Holding AG
Prenzlauer Promenade 28
13089 Berlin
Germany
Phone: +49 (0)30 220 660 410
Fax: +49 (0)30 220 660 425
E-mail: [email protected]
Internet: www.fp-francotyp.com
ISIN: DE000FPH9000
WKN: FPH900
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1129285

 
End of News DGAP News Service

1129285  10.09.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 206,34 204,21 209,09 195,85 203,70 250,95 246,50
EBITDA1,2 26,32 17,07 33,31 7,95 18,45 27,60 30,10
EBITDA-Marge3 12,76 8,36 15,93 4,06 9,06 11,00
EBIT1,4 7,26 -0,27 5,90 -13,99 -0,66 6,65 12,60
EBIT-Marge5 3,52 -0,13 2,82 -7,14 -0,32 2,65 5,11
Jahresüberschuss1 4,65 0,90 1,70 -15,15 0,37 5,54 8,50
Netto-Marge6 2,25 0,44 0,81 -7,74 0,18 2,21 3,45
Cashflow1,7 21,25 24,24 23,05 22,77 15,07 22,38 0,00
Ergebnis je Aktie8 0,28 0,06 0,11 -0,94 0,02 0,35 0,31
Dividende8 0,12 0,03 0,00 0,00 0,00 0,00 0,16
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - 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: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
Francotyp-Postalia
WKN Kurs in € Einschätzung Börsenwert in Mio. €
FPH900 2,500 Kaufen 40,75
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
6,41 19,89 0,32 20,83
KBV KCV KUV EV/EBITDA
1,84 1,82 0,16 1,91
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 25.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
23.05.2024 29.08.2024 23.11.2023 25.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-6,61% -15,94% -11,97% -29,97%
    
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Spezialmaschinenbau , FPH900 , FPH , XETR:FPH