05.10.2021 Voltabox AG  DE000A2E4LE9

DGAP-Adhoc: Voltabox finalizes sale of US business and adjusts forecast


 

DGAP-Ad-hoc: Voltabox AG / Key word(s): Disposal/Change in Forecast
Voltabox finalizes sale of US business and adjusts forecast

05-Oct-2021 / 17:31 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.


Voltabox finalizes sale of US business and adjusts forecast

Delbrück, Germany, October 5, 2021 - As announced, Voltabox AG [ISIN DE000A2E4LE9] has successfully completed the sale of its US subsidiaries. Voltabox of North America, Inc., as well as Voltabox of Texas, Inc., will be fully acquired by a buyer from the company's North American customer base as part of an asset deal. The closing took place in parallel with the signing of the contract. The purchase price amounts to a mid-single-digit million euro sum. The Management Board attributes this step to the outlook for a sustained improvement in Voltabox AG's profitability, as the company's US business has been consistently loss-making in recent years.

As a result of the sale of the US business and the announced transfer of the automotive business to paragon GmbH & Co. KGaA, the Management Board of Voltabox AG has adjusted the forecast for the current fiscal year. Sales expectations are also impacted by bottlenecks in the supply of materials, which will postpone production ramp-ups planned for the second half of the year into the coming fiscal year. Accordingly, the Voltabox Management Board expects full-year revenues of € 2.5 million for the industrial business remaining after all transactions. The forecast EBITDA margin was -15 % so far and free cash flow € -5 million. Since the sale of the automotive business has not yet been finalized, the Management Board is currently unable to adequately estimate the effects on earnings and therefore discontinues its EBITDA forecast until further notice. Free cash flow will now be clearly positive but cannot be quantified conclusively at the present time either. The anticipated proceeds will be used in full to reduce liabilities. In view of the expected timely entry of the new anchor shareholder, the Management Board will coordinate the strategy of Voltabox AG with the new main shareholders in the coming months and ensure preparations for the restart of the postponed production runs.
 

About Voltabox AG

Voltabox AG (ISIN DE000A2E4LE9), which is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange, is a technology driven provider for e-mobility solutions in industrial applications. Its core business lies in intrinsically safe, highly developed high-performance lithium-ion battery systems that are modular and in serial production. The battery systems are used for applications including commercial vehicles, such as buses for public transportation, agricultural and construction machinery and forklifts.

Voltabox is based in Delbrück (North Rhine-Westphalia, Germany).

Additional information about Voltabox can be found at www.voltabox.ag/en.
 

Contact

Voltabox AG

Patrick Zabel
Artegastrasse 1
33129 Delbrück, Germany
Email: [email protected]


05-Oct-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Voltabox AG
Artegastraße 1
33129 Delbrück
Germany
Phone: +49 (0)5250 9930 964
Fax: +49 (0)5250 9930 901
E-mail: [email protected]
Internet: www.voltabox.ag
ISIN: DE000A2E4LE9
WKN: A2E4LE
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1237718

 
End of Announcement DGAP News Service

1237718  05-Oct-2021 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 27,27 66,91 56,62 18,14 3,49 2,50 11,00
EBITDA1,2 3,01 9,59 -14,39 -24,24 -3,70 -2,50 0,00
EBITDA-Marge3 11,04 14,33 -25,42 -133,63 -106,02 -100,00
EBIT1,4 0,58 5,61 -107,59 -38,47 -10,00 -6,00 0,00
EBIT-Marge5 2,13 8,38 -190,02 -212,07 -286,53 -240,00 0,00
Jahresüberschuss1 -0,24 2,58 -101,92 -37,05 -12,84 -6,80 0,00
Netto-Marge6 -0,88 3,86 -180,01 -204,24 -367,91 -272,00 0,00
Cashflow1,7 -14,97 -54,82 -10,89 3,75 -8,22 -4,50 0,00
Ergebnis je Aktie8 -0,02 0,16 -6,44 -2,34 -0,81 -0,23 -0,10
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
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: Baker Tilly

INVESTOR-INFORMATIONEN
©boersengefluester.de
Voltabox
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A2E4LE 1,115 Verkaufen 21,35
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
22,30 0,00 0,00 -1,02
KBV KCV KUV EV/EBITDA
55,60 - 6,12 -6,08
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 29.06.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2024 13.08.2024 16.11.2023 25.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-8,91% -30,57% -10,80% 71,72%
    
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