26.08.2021 KAP AG  DE0006208408

DGAP-Adhoc: ​​​​​​​KAP AG raises forecast for the 2021 financial year due to positive business development


 

DGAP-Ad-hoc: KAP AG / Key word(s): Forecast/Change in Forecast
​​​​​​​KAP AG raises forecast for the 2021 financial year due to positive business development

26-Aug-2021 / 15:03 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.


KAP AG raises forecast for the 2021 financial year due to positive business development


Fulda, 26 August 2021 - Based on preliminary figures, KAP AG generated normalised EBITDA of €21.7 million in the first half of 2021. Compared to the same period of the previous year, this corresponds to an increase of 23.3 % (first half of 2020: €17.6 million), which at that time was characterised by significant effects of the COVID 19 pandemic. This increase was based on a growth in revenue of 12.3% to €181.7 million (first half of 2020: €161.8 million).

Against this background and the positive business development in the first half of 2021, which exceeds expectations, KAP AG is raising its forecast for the 2021 financial year. For the current financial year, the Executive Board now expects consolidated revenue of between €320 million and €350 million (previously: between €300 million and €330 million) and normalised EBITDA in a range of €32 million to €38 million (previously: €27 million to €33 million).

The reasons for this development are in particular the faster-than-expected recovery in our target markets, order intake in flexible films segment that is significantly above expectations, as well as faster implementation and effectiveness of measures within the scope of Project Accelerate. The forecast and previous year's figures includes already the sale of it-novum GmbH and MEHLER Engineering und Service GmbH.

The new forecast is based on the assumption that the recovery of our target markets continues unchanged, no additional negative impacts on raw material prices and supply chains follow, e.g. for semiconductors, and that there are no further severe restrictions due to the Corona pandemic during the rest of the financial year.

The publication of the first half-year results will take place on 24 September 2021 as planned.

Explanations on the alternative performance measure normalised EBITDA used in this ad hoc announcement can be found in the Annual Report 2020 on page 40 which is available under https://www.kap.de/en/investor-relations/reports-amp-presentations/financial-reports.

The Executive Board

Notifying Person und Investor Relations

Kai Knitter
Head of Investor Relations & Corporate Communications
[email protected]
+49 (0) 661 103 327


26-Aug-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: KAP AG
Edelzeller Straße 44
36043 Fulda
Germany
Phone: 06611030
Fax: 0661103830
E-mail: [email protected]
Internet: www.kap.de
ISIN: DE0006208408
WKN: 620840
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 1229106

 
End of Announcement DGAP News Service

1229106  26-Aug-2021 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 385,78 407,52 389,83 372,80 322,66 345,62 460,00
EBITDA1,2 34,20 47,30 37,90 36,17 34,14 56,58 47,60
EBITDA-Marge3 8,87 11,61 9,72 9,70 10,58 16,37 10,35
EBIT1,4 17,99 28,34 13,84 -10,58 4,18 31,43 22,00
EBIT-Marge5 4,66 6,95 3,55 -2,84 1,30 9,09 4,78
Jahresüberschuss1 12,75 30,98 14,75 -14,12 -2,68 39,86 14,20
Netto-Marge6 3,30 7,60 3,78 -3,79 -0,83 11,53 3,09
Cashflow1,7 29,13 25,39 20,68 35,51 55,21 8,31 5,00
Ergebnis je Aktie8 1,82 4,68 2,05 -1,82 -0,35 5,14 1,85
Dividende8 2,00 2,00 2,00 0,00 1,75 1,00 0,50
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: Mazars

INVESTOR-INFORMATIONEN
©boersengefluester.de
KAP
WKN Kurs in € Einschätzung Börsenwert in Mio. €
620840 16,050 Kaufen 124,67
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,03 8,48 1,20 8,36
KBV KCV KUV EV/EBITDA
0,69 15,01 0,36 4,69
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,50 0,50 3,12 06.07.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
25.05.2023 15.08.2023 23.11.2022 27.04.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
2,29% -14,29% -29,61% -20,54%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu KAP AG  ISIN: DE0006208408 können Sie bei EQS abrufen


Mode/Textil , 620840 , IUR , XETR:IUR