DGAP-Adhoc: FRIEDRICH VORWERK increases adjusted EBIT by 49% to €21.3 million in the first half of the year with stable sales and gives forecast for 2021
DGAP-Ad-hoc: Friedrich Vorwerk Group SE / Key word(s): Half Year Report/Forecast
FRIEDRICH VORWERK increases adjusted EBIT by 49% to €21.3 million in the first half of the year with stable sales and gives forecast for 2021
20-Aug-2021 / 07:29 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.
Disclosure of inside information acc. to Article 17 MAR
FRIEDRICH VORWERK increases adjusted EBIT by 49% to €21.3 million in the first half of the year with stable sales and gives forecast for 2021
Tostedt, 20 August 2021 - Friedrich Vorwerk Group SE (ISIN DE000A255F11), a leading provider of energy infrastructure solutions for gas, electricity and hydrogen applications, increased its adjusted EBITDA by 40.2% year-on-year to €27.5 million and adjusted EBIT by 48.7% to €21.3 million in the first half of 2021. At €132.7 million, sales in the first half of the year were just below the previous year's figure of €137.4 million. While sales in the first few months of the year fell short of expectations due to unfavorable weather conditions, they were able to catch up in the second quarter and even increased by 52.5% compared to the first quarter.
At €104.1 million, order intake in the first half of the year was 19.4% down on the previous year, mainly due to the postponement of project awards. However, some of the postponed orders have already been acquired in the current third quarter. These include a new lighthouse project with a volume well into the double-digit million euro range. At €277.9 million, the order backlog at June 30, 2021 was slightly above the high level of the previous year.
In the second half of the year, management expects to be able to further increase sales compared to the first half. For the full year 2021, sales of €270 to €300 million are forecasted. This already takes into account a customer-related project delay in Denmark, which will have no impact on profitability. Adjusted EBIT margin in the second half of the year is expected to be 16%, roughly the same level as in the first half.
The complete half-year financial report is available at www.friedrich-vorwerk.de/en.
Contact Details
Friedrich Vorwerk Group SE
Niedersachsenstraße 19-21
21255 Tostedt
Tel +49 4182 - 2947 0
Fax +49 4182 - 6155
[email protected]
www.friedrich-vorwerk.de
Management Board
Torben Kleinfeldt (CEO)
Tim Hameister
Chairman of the Supervisory Board
Dr Christof Nesemeier
Court of Registration
District Court of Tostedt, registration number: HRB 208170
20-Aug-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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Language: |
English |
Company: |
Friedrich Vorwerk Group SE |
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Niedersachsenstraße 19-21 |
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21255 Tostedt |
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Germany |
E-mail: |
[email protected] |
Internet: |
www.friedrich-vorwerk.de |
ISIN: |
DE000A255F11 |
WKN: |
A255F1 |
Listed: |
Regulated Market in Frankfurt (Prime Standard) |
EQS News ID: |
1227846 |
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End of Announcement |
DGAP News Service |
1227846 20-Aug-2021 CET/CEST
Die wichtigsten Finanzdaten auf einen Blick
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|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
Umsatzerlöse1 |
91,48 |
105,87 |
179,33 |
291,24 |
279,07 |
368,16 |
373,36 |
EBITDA1,2 |
7,20 |
21,08 |
41,81 |
58,82 |
54,48 |
50,09 |
31,99 |
EBITDA-Marge3 |
7,87 |
19,91 |
23,31 |
20,20 |
19,52 |
13,61 |
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EBIT1,4 |
3,94 |
13,65 |
33,83 |
47,47 |
41,44 |
33,75 |
13,91 |
EBIT-Marge5 |
4,31 |
12,89 |
18,87 |
16,30 |
14,85 |
9,17 |
3,73 |
Jahresüberschuss1 |
2,57 |
10,45 |
23,42 |
30,52 |
26,74 |
16,81 |
10,27 |
Netto-Marge6 |
2,81 |
9,87 |
13,06 |
10,48 |
9,58 |
4,57 |
2,75 |
Cashflow1,7 |
0,01 |
19,77 |
59,15 |
33,32 |
29,83 |
-10,26 |
50,42 |
Ergebnis je Aktie8 |
0,13 |
0,52 |
1,17 |
1,53 |
1,37 |
0,86 |
0,51 |
Dividende8 |
0,00 |
0,00 |
0,00 |
0,00 |
0,20 |
0,12 |
0,00 |
Quelle: boersengefluester.de und Firmenangaben
Geschäftsbericht 2023 - 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: Nexia
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INVESTOR-INFORMATIONEN |
©boersengefluester.de |
Friedrich Vorwerk |
WKN |
Kurs in € |
Einschätzung |
Börsenwert in Mio. € |
A255F1 |
28,750 |
Kaufen |
575,00 |
KGV 2025e |
KGV 10Y-Ø |
BGFL-Ratio |
Shiller-KGV |
18,55 |
24,08 |
0,77 |
35,49 |
KBV |
KCV |
KUV |
EV/EBITDA |
3,26 |
11,40 |
1,54 |
18,60 |
Dividende '22 in € |
Dividende '23 in € |
Div.-Rendite '23 in % |
Hauptversammlung |
0,12 |
0,12 |
0,42 |
03.06.2024 |
Q1-Zahlen |
Q2-Zahlen |
Q3-Zahlen |
Bilanz-PK |
15.05.2024 |
14.08.2024 |
21.10.2024 |
26.03.2024 |
Abstand 60Tage-Linie |
Abstand 200Tage-Linie |
Performance YtD |
Performance 52 Wochen |
14,97% |
48,79% |
85,48% |
157,62% |
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