20.01.2022 Ringmetall SE  DE000A3E5E55

DGAP-News: Ringmetall increases vertical range of production with acquisition of Rhein-Plast and expands product portfolio in the inliner sector


 

DGAP-News: Ringmetall SE / Key word(s): Takeover/Expansion
Ringmetall increases vertical range of production with acquisition of Rhein-Plast and expands product portfolio in the inliner sector

20.01.2022 / 16:52
The issuer is solely responsible for the content of this announcement.


Ringmetall increases vertical range of production with acquisition of Rhein-Plast and expands product portfolio in the inliner sector

- Acquisition of Rhein-Plast GmbH as part of an asset deal
- Takeover of business operations with annual sales of around EUR 13 million and a good 80 employees
- Acquisition offers greater vertical integration, expansion of the product portfolio and even more direct customer access to the pharmaceutical industry

Munich, 20 January 2021 - Ringmetall SE (ISIN: DE000A3E5E55), a leading international specialty supplier in the packaging industry, has reached an agreement with Rhein-Plast GmbH to take over the company's business operations, production facilities and real estate as part of an asset deal. With a good 80 employees and annual sales of around EUR 13 million, Rhein-Plast produces mono foils made of polyethylene (PE) at its plants in Bad Dürkheim, Germany, and in addition to extrusion and printing also offers foil confection in a cleanroom environment that is low in germs and particles. The company furthermore offers a wide product portfolio of polyethylene bags and sacks. Rhein-Plast's customers mainly include companies from the pharmaceutical and biotech industries. Around a third of its customers also come from the chemical and food industries, the automotive and electronics sectors, and other industries.

"Through the integration of Rhein-Plast into the Ringmetall Group, in addition to an even broader product portfolio, we will have more production know-how and vertical integration in the product area of drum liners and inliners in the future," says Christoph Petri, CEO of Ringmetall SE. "The acquisition of the business operations out of a restructuring situation provides us with options for targeted investments in the future of Rhein-Plast as part of the Ringmetall Group. Furthermore, we are securing a long-standing and resilient network with, among others, customers from the pharmaceutical industry. Without question, the Group as a whole will be able to benefit from this."

With the acquisition, Ringmetall for the first time increases the vertical expansion of its production into the area of production-relevant preliminary products. In this way, it will be possible in the future to control and ensure the quality of the required mono foils made of polyethylene already in the manufacturing process. With a production capacity at Rhein-Plast of currently around 6,000 tons of PE per year at a current utilization rate of 50 percent, Ringmetall also ensures maximized supply capability in times of looming raw material shortages on all sides.

The consolidation of Rhein-Plast into the Ringmetall Group is planned for 1 February 2022. For the current fiscal year, the Management Board expects a revenue contribution of EUR 12 million with a balanced earnings contribution at EBITDA level. The purchase price in the single-digit million euro range will be financed from the company's cash position as well as free credit lines.

For further information on the Ringmetall Group and its affiliated subsidiaries, please visit www.ringmetall.de.

Contact:
Ingo Middelmenne
Investor Relations
Ringmetall SE
Phone: +49 (0 )89 45 220 98 12
Mobile: +49 (0 )174 90 911 90
Email: [email protected]


About the Ringmetall Group
Ringmetall is a leading international specialist supplier in the packaging industry. The Industrial Packaging business unit offers high-security closure systems and inner sleeves for industrial drums for the chemical, petrochemical, pharmaceutical and food processing industries. The Industrial Handling Business Unit develops application-optimized vehicle attachments for handling and transporting packaging units. In addition to the Group headquarters in Munich, Ringmetall is represented by worldwide production and sales subsidiaries in Germany, Great Britain, Spain, Italy, Turkey, the Netherlands as well as China and the USA. Ringmetall generates annual revenues of around EUR 190 million worldwide.



20.01.2022 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: Ringmetall SE
Innere Wiener Str. 9
81667 Munich
Germany
Phone: 089 / 45 22 098 - 0
Fax: 089 / 45 22 098 - 22
E-mail: [email protected]
Internet: www.ringmetall.de
ISIN: DE000A3E5E55
WKN: A3E5E5
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1271090

 
End of News DGAP News Service

1271090  20.01.2022 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023
Umsatzerlöse1 102,35 110,57 120,58 117,97 172,34 213,51 181,58
EBITDA1,2 12,04 10,43 10,03 12,18 26,62 28,30 19,52
EBITDA-Marge3 11,76 9,43 8,32 10,32 15,45 13,25
EBIT1,4 10,04 8,28 4,97 5,99 20,18 21,28 11,29
EBIT-Marge5 9,81 7,49 4,12 5,08 11,71 9,97 6,22
Jahresüberschuss1 7,14 5,16 3,02 2,74 14,92 15,92 6,33
Netto-Marge6 6,98 4,67 2,50 2,32 8,66 7,46 3,49
Cashflow1,7 9,92 8,25 9,56 12,18 14,07 18,44 22,13
Ergebnis je Aktie8 0,28 0,17 0,09 0,08 0,50 0,52 0,20
Dividende8 0,06 0,06 0,06 0,06 0,09 0,10 0,05
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: BDO

INVESTOR-INFORMATIONEN
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Ringmetall
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A3E5E5 3,150 Halten 91,57
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
9,26 18,67 0,50 13,46
KBV KCV KUV EV/EBITDA
1,21 4,14 0,50 6,01
Dividende '22 in € Dividende '23 in € Div.-Rendite '23
in %
Hauptversammlung
0,10 0,10 3,17 25.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2024 30.08.2024 07.11.2024 29.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-0,97% -4,98% 2,94% 10,14%
    
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