13.11.2020 Centrotec SE  DE0005407506

DGAP-News: Centrotec SE: further rise in revenue and earnings in third quarter; upgraded full-year forecast confirmed


DGAP-News: Centrotec SE / Key word(s): Quarter Results
Centrotec SE: further rise in revenue and earnings in third quarter; upgraded full-year forecast confirmed

13.11.2020 / 07:30
The issuer is solely responsible for the content of this announcement.


Brilon, November 13, 2020 - As previously reported CENTROTEC SE, Brilon, maintained the positive development of the first half in the third quarter of 2020 and achieved revenue growth of 4.9% to EUR 179.7 million (previous year EUR 171.4 million). In the first nine months of the current year, revenue rose by 6.6% to EUR 502.1 million (previous year EUR 471.1 million). Organic growth amounted to 6.0%. The third-quarter operating result (EBIT) at Group level increased by 13.4% to EUR 15.8 million (previous year EUR 14.0 million) and over the year to date by 47.5% to EUR 32.6 million (previous year EUR 22.1 million). Earnings per share (EPS) climbed to EUR 0.94 (previous year EUR 0.62) in the third quarter, and to EUR 1.37 (previous year EUR 1.04) for the first nine months.
CENTROTEC confirms its latest upgrading of the forecast range for revenue to EUR 690 to 710 million (previously EUR 670 to 690 million) and for EBIT to EUR 43 to 46 million (previously EUR 34 to 36 million). This forecast incorporates an anticipated revenue contribution of around EUR 8 million and a negligible contribution to the operating result (due to capitalisation, depreciation and amortisation under IFRS rules) from the takeover of the PARI Group with effect from October 1. The basis for this upgrading of the forecast is the successful course of the year to date, which it should be possible to maintain thanks to the attractive financial support currently available in Germany for replacement heating systems as well as the reduced VAT rate that applies until the end of the year. However it should be noted that this forecast also includes exceptional cost savings from reduced travel and trade show activities plus to a lesser extent anticipated profit contributions from the sale of air purifiers amounting to some EUR 9 million overall; while this scenario could continue into the first quarter of next year due to the coronavirus pandemic, it is not likely to be permanent. In addition, the impact of the coronavirus pandemic on the construction sector that is relevant for CENTROTEC suggests a rather cautious outlook. Current research indicates that although a solid market development can be expected in new housing construction, incoming orders in the commercial construction segment are already showing a clear downturn. This could adversely affect sales of room ventilation systems. All in all, we expect the market environment to remain highly volatile.

CENTROTEC SE enjoys a presence in around 50 different countries through subsidiaries and sales partners. The principal group companies are Wolf, Brink Climate Systems and Ned Air in the Climate Systems segment, specialising in heating, climate control and ventilation technology e.g. in the form of solar thermal systems, CHP units and home ventilation systems with heat recovery, as well as Ubbink and Centrotherm in the Gas Flue Systems segment, with their focus on gas flue and air piping systems. CENTROTEC is consequently Europe's only listed full-service provider of heating and climate control technology, solar thermal systems and energy-saving solutions for buildings.

Contact person

For further information, contact:

Carsten Vogt, Tel.: +49 (0)2961 96631-103
[email protected]

13.11.2020 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: Centrotec SE
Am Patbergschen Dorn 9
59929 Brilon
Phone: +49 (0)2961 96631-0
Fax: +49 (0)2961 96631-100
E-mail: [email protected]
Internet: www.centrotec.de
ISIN: DE0005407506
WKN: 540750
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1147933

End of News DGAP News Service

1147933  13.11.2020 


Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022
Umsatzerlöse1 575,46 594,19 614,74 650,98 718,98 290,76 323,28
EBITDA1,2 59,52 54,06 54,49 64,34 87,71 40,58 34,27
EBITDA-Marge3 10,34 9,10 8,86 9,88 12,20 13,96 10,60
EBIT1,4 34,82 29,32 30,43 33,12 48,80 23,59 12,77
EBIT-Marge5 6,05 4,93 4,95 5,09 6,79 8,11 3,95
Jahresüberschuss1 21,58 20,85 13,67 24,43 29,03 58,03 36,39
Netto-Marge6 3,75 3,51 2,22 3,75 4,04 19,96 11,26
Cashflow1,7 41,46 31,63 38,23 42,03 81,51 75,79 58,13
Ergebnis je Aktie8 1,21 1,13 0,74 1,48 2,08 4,39 2,66
Dividende8 0,30 0,30 0,30 0,00 0,04 0,04 0,04
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: PricewaterhouseCoopers

WKN Kurs in € Einschätzung Börsenwert in Mio. €
540750 56,600 Kaufen 745,30
KGV 2024e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
70,75 12,35 5,67 34,47
2,18 12,82 2,31 26,16
Dividende '22 in € Dividende '23e in € Div.-Rendite '22e
in %
0,04 0,04 0,07 29.06.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
- - - 23.03.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
7,03% 18,78% 5,99% 131,49%
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Centrotec SE  ISIN: DE0005407506 können Sie bei EQS abrufen

Bauzulieferer , 540750 , CEV , HAM:CEV