25.11.2021 Ernst Russ AG  DE000A161077

DGAP-News: Ernst Russ AG significantly increases revenue and operating result


 

DGAP-News: Ernst Russ AG / Key word(s): 9 Month figures
Ernst Russ AG significantly increases revenue and operating result

25.11.2021 / 08:46
The issuer is solely responsible for the content of this announcement.


Hamburg, 25 November 2021- The assets, financial position and earnings of the Ernst Russ Group showed positive trends in Q3 2021 as in the previous quarters. Ernst Russ AG is clearly benefiting from high capacity utilisation and increased charter rates.

Ernst Russ AG recorded a sharp increase in net profits in the first nine months of 2021. Strong demand for container transport alongside reduced free capacity has wrought profound change in the market environment. The resulting increase in charter rates and the high utilisation of the fleet have enabled Ernst Russ AG to increase its revenue and operating result significantly and exceed the comparative figures for the previous year by a clear margin. In addition the expansion of our fleet by two vessels in Q4 2020 and by a further two vessels in Q1 2021 had a positive impact.

The current business figures for Q3 2021 illustrate the positive overall development of Ernst Russ Group. The group of companies generated total revenue of EUR 63.8 million from January to September 2021, up 53% year-on-year. Ernst Russ generated operating earnings of EUR 19.2 million (previous year: EUR 3.5 million) and earnings before taxes of EUR 16.8 million (previous year: EUR 4.8 million). Consolidated net income after non-controlling interests amounted to EUR 10.7 million (previous year: EUR 3.7 million). Ship assets were also up EUR 6.9 million to EUR 126.6 million due to the expansion of the fleet. Equity of EUR 95.9 million (31/12/2020: EUR 80.1 million) produced an equity ratio of 55.1% (31/12/2020: 49.0%).

Our aim is to increase the value of the Ernst Russ share on a permanent basis. The current trend proves that our efforts are successful. The opening price of the share in 2021 was EUR 1.31. The year's high of EUR 4.38 was reached in September. The price of the Ernst Russ share has therefore more than tripled since the beginning of 2021.

You can download the Nine-Month Report in German and English at www.ernst-russ.de/en/investor-relations-de/finanzberichte.html.

About the Ernst Russ Group: Ernst Russ AG is an international shipping company and maritime investment manager based in Hamburg. Parts of the company date back to 1893.

Contact:

Ernst Russ AG
Anika Hillmer
Investor Relations
Tel. +49 40 88 88 1 1800
E-Mail: [email protected]


25.11.2021 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.

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Language: English
Company: Ernst Russ AG
Elbchaussee 370
22609 Hamburg
Germany
Phone: +49 (0)40 88881-0
Fax: +49 (0)40 88881-199
E-mail: [email protected]
Internet: www.ernst-russ.de
ISIN: DE000A161077
WKN: A16107
Listed: Regulated Unofficial Market in Frankfurt (Scale), Hamburg, Tradegate Exchange
EQS News ID: 1251851

 
End of News DGAP News Service

1251851  25.11.2021 

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 39,96 44,04 52,71 58,79 55,57 92,29 167,00
EBITDA1,2 4,77 10,71 8,60 9,00 9,70 40,13 86,00
EBITDA-Marge3 11,94 24,32 16,32 15,31 17,46 43,48 51,50
EBIT1,4 3,30 3,90 3,80 4,00 2,30 30,80 76,00
EBIT-Marge5 8,26 8,86 7,21 6,80 4,14 33,37 45,51
Jahresüberschuss1 6,46 6,35 6,38 1,77 4,74 26,29 49,00
Netto-Marge6 16,17 14,42 12,10 3,01 8,53 28,49 29,34
Cashflow1,7 4,58 -4,03 -0,98 12,25 8,03 39,72 43,00
Ergebnis je Aktie8 0,20 0,17 0,19 0,05 0,12 0,49 1,05
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
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: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
Ernst Russ
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A16107 4,060 Kaufen 131,68
KGV 2023e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
7,12 18,61 0,38 19,33
KBV KCV KUV EV/EBITDA
1,83 3,32 1,43 4,74
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
Hauptversammlung
0,00 0,00 0,00 18.05.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
17.05.2022 25.08.2022 15.11.2022 24.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-29,42% -25,08% -35,56% 30,13%
    
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Finanzdienstleistungen , A16107 , HXCK , XETR:HXCK