21.02.2022 ElringKlinger AG  DE0007856023

DGAP-News: Change in management at EKPO Fuel Cell Technologies


DGAP-News: ElringKlinger AG / Key word(s): Personnel
Change in management at EKPO Fuel Cell Technologies (news with additional features)

21.02.2022 / 10:01
The issuer is solely responsible for the content of this announcement.

Change in management at EKPO Fuel Cell Technologies

  •  Armin Diez, formerly one of the three General Managers at EKPO Fuel Cell Technologies, left the company at his own request and for personal reasons as of December 31, 2021
  • Stefan Schmid, Chairman of the Management Board at ElringKlinger Kunststofftechnik GmbH, was appointed as his successor effective from February 1, 2022
  • Following the appointment of Stefan Schmid, the EKPO board of management that includes the two other general managers Dr. Gernot Stellberger and Julien Etienne is once again complete

Dettingen/Erms (Germany), February 21, 2022 +++ After more than 30 years with the ElringKlinger Group and on the board of management of EKPO Fuel Cell Technologies GmbH (EKPO), Armin Diez left the company at his own request and for personal reasons as of December 31, 2021. Having joined the ElringKlinger Group in 1990, he managed the Research and Development department of the Cylinder-head Gaskets division from 1999 onward. In 2005, he was appointed head of this division, while also assuming responsibility for Battery Technology as from 2011. In 2016, he was also entrusted with the management of the Fuel Cell Technology division, while relinquishing responsibility for the Cylinder-head Gaskets division. Upon the inception of EKPO in March 2021, he became one of three general managers of this entity.

Dr. Stefan Wolf, Chairman of the Supervisory Board of EKPO, said: "I would like to express my tremendous gratitude and appreciation to Armin Diez for his many years of commitment and his exceptional accomplishments. He brought his extensive knowledge and experience to bear in spearheading ElringKlinger's fundamental advances in battery technology and its fuel cell business. Most recently, he played a pivotal role during the founding stages of EKPO Fuel Cell Technologies in his capacity as General Manager. At the same time, I am delighted that we have found an experienced successor in Stefan Schmid, who leads ElringKlinger Kunststofftechnik in a highly accomplished manner as Chairman of the Management Board. With Stefan Schmid succeeding Armin Diez, EKPO continues to be very well positioned as it pursues its ambitions of further industrialization and the sustained cultivation of the global fuel cell market."

Stefan Schmid, born in 1965, can draw on many years of management experience and has been with the ElringKlinger Group since 2003. Having initially overseen production in what is now the Lightweighting/Elastomer Technology business unit, the qualified chemical engineer took over as Chairman of the Management Board of ElringKlinger Kunststofftechnik GmbH in 2012, where he is responsible for Production, IT, and Human Resources. During this time, the Stuttgart-born manager succeeded in expanding the Group's high-growth plastics business at a global level and implemented industrial-scale production both domestically and internationally.

The area of responsibility of Stefan Schmid, who took up his new post at EKPO on February 1, 2022, includes Production and IT as well as Quality and Sustainability Management. He thus joins the executive management team consisting of Dr. Gernot Stellberger, who is responsible for Strategy, Finance, Purchasing, Human Resources, and Advanced Development, and Julien Etienne, who oversees Sales, Marketing, Programs, and Product Engineering.


For further information, please contact on behalf of EKPO Fuel Cell Technologies:

ElringKlinger AG | Strategic Communications
Dr. Jens Winter
Telefon: +49 7123 724-88335 | E-Mail: [email protected]

About EKPO Fuel Cell Technologies

EKPO Fuel Cell Technologies (EKPO), headquartered in Dettingen/Erms (Germany), is a leading joint venture in the development and large-scale production of fuel cell stacks for CO2-neutral mobility. The company is a full-service supplier for fuel cell stacks and components used in passenger cars, light commercial vehicles, trucks, buses, as well as in train and marine applications. Within this context, the company is building on the industrialization expertise of two established international automotive suppliers - ElringKlinger and Plastic Omnium.

The aim of the joint venture is to develop and mass-produce high-performance fuel cell stacks in order to further advance CO2-neutral mobility - whether on the road, rail, water or off-road.

Additional features:

Picture: https://eqs-cockpit.com/c/fncls.ssp?u=f6306a07e114af0fcac242f1904106cf
Subtitle: Stefan Schmid, Geschäftsführer Produktion, IT, Qualitäts- und Nachhaltigkeitsmanagement EKPO Fuel Cell Technologies GmbH

21.02.2022 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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: ElringKlinger AG
Max-Eyth-Straße 2
72581 Dettingen/Erms
Phone: 071 23 / 724-0
Fax: 071 23 / 724-9006
E-mail: [email protected]
Internet: www.elringklinger.de
ISIN: DE0007856023
WKN: 785602
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Tradegate Exchange
EQS News ID: 1283429

End of News DGAP News Service

1283429  21.02.2022 


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  2016 2017 2018 2019 2020 2021 2022
Umsatzerlöse1 1.557,44 1.664,04 1.699,00 1.727,03 1.480,44 1.624,39 1.798,43
EBITDA1,2 231,25 238,39 196,65 180,91 181,46 216,10 174,30
EBITDA-Marge3 14,85 14,33 11,57 10,48 12,26 13,30 9,69
EBIT1,4 135,59 137,32 96,18 61,23 27,74 102,03 -42,23
EBIT-Marge5 8,71 8,25 5,66 3,55 1,87 6,28 -2,35
Jahresüberschuss1 82,62 73,78 47,90 5,01 -39,98 54,56 -90,71
Netto-Marge6 5,30 4,43 2,82 0,29 -2,70 3,36 -5,04
Cashflow1,7 175,74 95,48 91,55 277,58 217,79 156,11 101,28
Ergebnis je Aktie8 1,24 1,10 0,69 0,06 -0,64 0,88 -1,41
Dividende8 0,50 0,50 0,00 0,00 0,00 0,15 0,15
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Wirtschaftsprüfer: Ernst & Young

WKN Kurs in € Einschätzung Börsenwert in Mio. €
785602 9,575 Kaufen 606,67
KGV 2024e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
14,96 15,40 0,97 17,51
0,74 5,99 0,34 6,24
Dividende '22 in € Dividende '23e in € Div.-Rendite '22e
in %
0,15 0,15 1,57 16.05.2023
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09.05.2023 03.08.2023 07.11.2023 28.03.2023
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