07.12.2021 edding Aktiengesellschaft  DE0005647937

DGAP-Adhoc: edding Aktiengesellschaft: edding Founder Volker D. Ledermann passed away


 

DGAP-Ad-hoc: edding Aktiengesellschaft / Key word(s): Personnel
edding Aktiengesellschaft: edding Founder Volker D. Ledermann passed away

07-Dec-2021 / 09:43 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.


It is with deep regret that we inform you that our company founder Volker Detlef Ledermann passed away yesterday at the age of 89.

As this also has an impact on our net assets, financial position and results of operations due to Mr Ledermann's post-retirement benefits, it is necessary to communicate this news in the form of an ad hoc announcement. For edding Aktiengesellschaft and the edding Group, based on the figures as at the last balance sheet date, the effects are as follows, whereby, where applicable, the first amount stated relates to the consolidated financial statements and the second amount to the individual financial statements of edding AG.

Assets and results of operations

The pension provision for Mr Ledermann, which is now to be released, amounted to EUR 6.0 million (IFRS) or EUR 5.7 million (German GAAP) on the last balance sheet date on 31 December 2020. While in the consolidated financial statements the provision is reversed outside the consolidated income statement as "actuarial profit", in the individual financial statements it is reversed with an impact on profit. On the basis of the figures as at 31 December 2020, the effect on the consolidated financial statements, taking deferred taxes into account, is EUR 4.2 million, while in the individual financial statements the positive effect on earnings after taxes is also EUR 4.2 million. The net pension expenses including interest effects in the 2020 financial year amounted to less than EUR 0.1 million (IFRS) or EUR 0.9 million (German GAAP).

Financial position

Current pension payments, which cease immediately, amounted to EUR 1.1 million in the past financial year 2020.

About Volker Detlef Ledermann: In 1960, Volker D. Ledermann founded edding together with his school friend Carl-Wilhelm Edding and shaped the company's fortunes until well after it went public in 1986. With his courage to break new ground and his sense of responsibility for people and the environment, Ledermann defined the corporate culture of edding as a family business in the long term. He was a member of the Management Board until 1995 and then Chairman of the Supervisory Board until 2005. Since his son Per Ledermann succeeded him as a member of the Management Board in 2005, he has withdrawn from active business, but has always been on hand to advise the new Management Board with his experience. He has left his mark on the company to this day and we will always honour his memory. Volker Ledermann's philosophy was always that corporate responsibility must not end at the balance sheet; this will continue to be our guiding principle in the future.

About edding AG: The company was founded in 1960 and generated consolidated sales of EUR 125.7 million in 2020 with an average of 679 employees. Under the edding and Legamaster brands, the edding Group develops products and services that help people in their private and professional lives to express themselves and achieve their goals. edding has over six decades of expertise in the development, production and international distribution of products that bring colour adequately to surfaces for creative and work-related purposes. The range extends from markers to sprays, nail polish and tattoo inks. edding's edding's solutions for professional users in business as well as education environment support digitalisation, enable new forms of collaboration and increase the communication capabilities of people and organisations. As an international brand, edding is a daily part of many people's lives and is always aware of its responsibility to act fairly and sustainably.

Explanation of EBIT as an alternative performance indicator: EBIT is the abbreviation for "earnings before interest and taxes". Total output less cost of materials, personnel expenses and depreciation and amortisation (including rights of use within the meaning of IFRS 16), plus other operating income and less other operating expenses. EBIT is the most important key figure for profitability management in the edding Group. No adjustment has been made for any extraordinary income or expenses.

Ahrensburg, 7 December 2021
edding Aktiengesellschaft
The Management Board


Contact:
edding Aktiengesellschaft
Sönke Gooß (CFO)
Phone.: +49 (0)4102 808 200
Fax.: +49 (0)4102 808 204
E-Mail: [email protected]


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


Language: English
Company: edding Aktiengesellschaft
Bookkoppel 7
22926 Ahrensburg
Germany
Phone: +49 (0)4102 8080
Fax: +49 (0)4102 808 204
E-mail: [email protected]
Internet: www.edding.de
ISIN: DE0005647937, DE0005647903
WKN: 564793, 564790
Listed: Regulated Market in Hamburg; Regulated Unofficial Market in Frankfurt
EQS News ID: 1254672

 
End of Announcement DGAP News Service

1254672  07-Dec-2021 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 148,44 140,99 141,79 125,75 148,60 159,22 160,80
EBITDA1,2 14,30 15,76 14,57 12,83 15,18 9,66 10,80
EBITDA-Marge3 9,63 11,18 10,28 10,20 10,22 6,07
EBIT1,4 12,05 13,13 9,71 8,12 6,89 4,03 -2,40
EBIT-Marge5 8,12 9,31 6,85 6,46 4,64 2,53 -1,49
Jahresüberschuss1 7,64 6,77 5,98 5,29 1,83 0,52 -3,80
Netto-Marge6 5,15 4,80 4,22 4,21 1,23 0,33 -2,36
Cashflow1,7 14,03 9,49 3,91 4,36 2,24 7,10 0,00
Ergebnis je Aktie8 7,36 8,52 6,12 5,44 2,04 1,04 -3,55
Dividende8 2,15 2,45 1,23 1,84 1,84 1,02 2,15
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: RSM Ebner Stolz

INVESTOR-INFORMATIONEN
©boersengefluester.de
Edding VZ
WKN Kurs in € Einschätzung Börsenwert in Mio. €
564793 36,600 Halten 39,28
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,46 17,42 0,59 6,66
KBV KCV KUV EV/EBITDA
0,58 5,54 0,24 3,89
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
1,02 0,51 1,39 05.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
14.08.2024 12.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-8,33% -18,50% -18,67% -11,17%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu edding Aktiengesellschaft  ISIN: DE0005647937 können Sie bei EQS abrufen


Konsumgüter , 564793 , EDD3 , FWB:EDD3