09.10.2020 GRAMMER Aktiengesellschaft  DE0005895403

DGAP-Adhoc: GRAMMER Aktiengesellschaft: Preliminary results for the third quarter of 2020: Quality of operating profit significantly improved in the third quarter, planned restructuring measures have a negative impact on earnings


 

DGAP-Ad-hoc: GRAMMER Aktiengesellschaft / Key word(s): Preliminary Results
GRAMMER Aktiengesellschaft: Preliminary results for the third quarter of 2020: Quality of operating profit significantly improved in the third quarter, planned restructuring measures have a negative impact on earnings

09-Oct-2020 / 11:04 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.


Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014
GRAMMER AG (WKN 589540, ISIN DE0005895403)



Preliminary results for the third quarter of 2020: Quality of operating profit significantly improved in the third quarter, planned restructuring measures have a negative impact on earnings


Ursensollen, October 09, 2020 - On the basis of its preliminary figures, Grammer AG expects to report group revenue of around 458 million euros for the third quarter of 2020, roughly 8 percent lower than in the same quarter of the previous year (2019: 498.1 million euros). This revenue development represents a significant recovery over the first half of the year, which had been materially impacted by the economic effects of the COVID-19 pandemic.

Earnings before interest and taxes (EBIT) are impacted by exceptional effects in particular related to restructuring measures of around 12 million euros and are expected to amount to roughly 6 million euros (2019: 11.7 million euros). Adjusted for the exceptional effects, operating earnings before interest and taxes (operating EBIT) should reach around 22 million euros in the third quarter, thus substantially exceeding the figure for the same period in the previous year (2019: 9.1 million euros).

Among other things, the restructuring measures include the consolidation of sites in Europe and North America, as well as a reduction in indirect headcount with a focus on Germany, which is to be implemented by mid-2021 with the least possible social hardship.

The quarterly statement for the third quarter of 2020 will be published on October 29, 2020.

Grammer AG
The Executive Board




Contact:
GRAMMER Aktiengesellschaft
Tanja Bücherl
Phone: 0049 9621 66 2113
[email protected]

09-Oct-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: GRAMMER Aktiengesellschaft
Grammer-Allee 2
92289 Ursensollen
Germany
Phone: +49 (0)9621 66-0
Fax: +49 (0)9621 66-31000
E-mail: [email protected]
Internet: www.grammer.com
ISIN: DE0005895403, DE0005895403
WKN: 589540, 589540
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 1139916

 
End of Announcement DGAP News Service

1139916  09-Oct-2020 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 1.425,69 1.695,48 1.786,47 1.861,29 2.038,51 1.710,71 1.800,00
EBITDA1,2 83,20 120,20 116,00 101,00 159,80 41,70 100,00
EBITDA-Marge3 5,84 7,09 6,49 5,43 7,84 2,44 5,56
EBIT1,4 42,66 73,05 66,47 48,74 74,54 -46,13 21,00
EBIT-Marge5 2,99 4,31 3,72 2,62 3,66 -2,70 1,17
Jahresüberschuss1 23,78 45,22 32,35 23,21 43,48 -64,71 60,00
Netto-Marge6 1,67 2,67 1,81 1,25 2,13 -3,78 3,33
Cashflow1,7 28,84 85,77 69,25 143,57 123,97 31,06 15,00
Ergebnis je Aktie8 2,10 4,10 2,67 1,90 3,56 -5,10 0,67
Dividende8 0,75 1,30 1,25 0,75 0,00 0,00 0,00
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: Ernst & Young

INVESTOR-INFORMATIONEN
©boersengefluester.de
Grammer
WKN Kurs in € Einschätzung Börsenwert in Mio. €
589540 19,300 Halten 294,09
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
11,70 14,68 0,80 10,12
KBV KCV KUV EV/EBITDA
0,91 9,47 0,17 19,49
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,00 0,00 0,00 23.06.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
28.04.2021 12.08.2021 27.10.2021 31.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-4,87% -17,12% -3,02% 10,29%
    
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