16.03.2022 Ernst Russ AG  DE000A161077

DGAP-Adhoc: Ernst Russ AG: Publication of preliminary business figures for the 2021 financial year and upward revision of forecast for the 2022 financial year


 

DGAP-Ad-hoc: Ernst Russ AG / Key word(s): Preliminary Results/Change in Forecast
Ernst Russ AG: Publication of preliminary business figures for the 2021 financial year and upward revision of forecast for the 2022 financial year

16-March-2022 / 10:45 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.


Hamburg, 16 March 2022: Based on preliminary figures, Ernst Russ AG (ISIN DE000A161077) is expecting revenue of EUR 92.3 million for the 2021 financial year (previous year: EUR 55.6 million) and an operating result (EBIT, consolidated net income before interest and tax, adjusted for non-operating expenses and income) of EUR 30.8 million (previous year: EUR 2.6 million). Due to the investments made and the sustainable employment concept for the fleet, the group of companies was able to benefit from the very pleasing development of the international shipping markets; the significantly higher charter revenue in particular was a crucial factor. The expansion of the fleet in Q4 2020 and at the beginning of the financial year 2021 has also had a positive impact. By contrast, the acquisition of the majority interest in twelve container ships in December 2021 will not have a positive impact on the ER Group's earnings until 2022.

Against the backdrop of the ongoing positive development of the shipping markets and the largely secured employment situation of the Ernst Russ Group fleet for the 2022 financial year, the Executive Board of Ernst Russ AG is in a position to update its previous forecast for the 2022 financial year, based on the adjusted budget approved today, to the effect that it now expects revenue between EUR 160 and 170 million (previously: between EUR 140 and 145 million) and an operating result between EUR 62 and 67 million (previously: between EUR 41 and 46 million). The forecast is based, among other things, on the assumptions that stable development of the charter markets will continue and there will be a scheduled technical availability of the Ernst Russ Group fleet of approx. 95% and an average exchange rate of USD 1.15/EUR. Any future impact of the Russia-Ukraine conflict on the global economy and the business activities of the Ernst Russ Group has not been taken into account, as it is currently impossible for us to make reliable predictions in this respect.

The 2021 Annual Report will be published as planned on 24 March 2022.


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

16-March-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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: 1304051

 
End of Announcement DGAP News Service

1304051  16-March-2022 CET/CEST

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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