07.06.2022 SURTECO GROUP SE  DE0005176903

DGAP-News: SURTECO GROUP SE: Annual General Meeting approves dividend of € 1.00 per share


SURTECO GROUP SE: Annual General Meeting approves dividend of € 1.00 per share

07.06.2022 / 17:00
The issuer is solely responsible for the content of this announcement.

SURTECO GROUP SE: Annual General Meeting approves dividend of € 1.00 per share

Munich, 7 June 2022 – At the virtual Annual General Meeting, the CEO of SURTECO GROUP SE explained the development in 2021 and the current business situation to the shareholders. Thanks to good business development after the turbulence caused by the pandemic in the previous year, the company was able to report the most successful financial year in the company's history in 2021. Sales increased to € 757 million and earnings before interest and taxes (EBIT) to € 73 million. In this respect, the Supervisory Board and Management Board proposed increasing the dividend by 25% to € 1.00 per share, which was approved by the Annual General Meeting with a large majority. In addition, the remuneration report and an adjustment to the remuneration system for the members of the Management Board were approved.

The first quarter of 2022 was not yet significantly affected by the Russia-Ukraine conflict. In the months from January to March 2022, the company was able to increase sales again by 13% compared to the same quarter of the previous year to € 213 million. Quarterly EBIT fell by 6 % to € 20.2 million compared to the same quarter of the previous year, mainly due to the continued high raw material costs, which can only be passed on in part and with a time lag. However, this result is still at a very high level. For the year as a whole, however, the company expects a decline in demand due to the currently uncertain framework conditions. Group sales should be between € 730 and € 750 million and group EBIT between € 55 and € 65 million. This forecast is subject to no further deterioration due to the Russia-Ukraine conflict and the supply chain problem.

Further information on SURTECO GROUP SE and the company's general meeting, including the voting results and a video recording, can be found on the Internet at www.ir.surteco.com/hv.



Martin Miller
Investor Relations and Press Office
T +49 8274 9988-508
F +49 8274 9988-505
[email protected]

Profile of SURTECO

SURTECO GROUP SE with registered office in Buttenwiesen is a mid-sized holding company with international operations. The company listed on the stock exchange combines leading national and international brands for surface technology under one roof. The comprehensive product portfolio includes papers printed with decor designs, impregnated materials, release papers, decorative flat foils and edgebandings based on specialist technical papers and plastics. This portfolio is complemented by skirtings made of plastics, technical extrusions (profiles) for industry, and roller shutter systems. With more than 3,000 employees at 22 production sites worldwide, the Group generates annual sales of around EUR 757 million in 2021. 25 % of these sales are generated in Germany, 47 % in European countries outside Germany and a further 28 % in America, Asia and Australia. Customers of the SURTECO Group primarily come from the wood-based, flooring and furniture industries, as well as from interior design.

The shares in SURTECO GROUP SE are listed on the official market (Prime Standard) of the Frankfurt and Munich Stock Exchanges under the ticker symbol SUR and ISIN DE0005176903. They are also traded on the stock markets in Berlin, Düsseldorf and Stuttgart.


Cautionary note regarding forward-looking statements

This press release may contain statements of future forecasts or expectations and other forward-looking statements and involves known and unknown risks and uncertainties. There is therefore no guarantee for the statements and expectations expressed herein. The actual results and developments may differ substantially. The company assumes no obligation to update any forward-looking statements contained herein or to adapt such information to future results or developments.


07.06.2022 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
Johan-Viktor-Bausch-Str. 2
86647 Buttenwiesen
Phone: +49 (0)8274 99 88-0
Fax: +49 (0)8274 99 88-5 05
E-mail: [email protected]
Internet: www.surteco-group.com
ISIN: DE0005176903
WKN: 517 690
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 1367469

End of News DGAP News Service

1367469  07.06.2022 


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 689,65 698,98 675,27 626,99 757,06 747,70 835,09
EBITDA1,2 83,09 72,78 66,29 88,32 114,76 84,18 66,57
EBITDA-Marge3 12,05 10,41 9,82 14,09 15,16 11,26
EBIT1,4 44,67 32,20 21,12 46,15 72,52 40,18 8,12
EBIT-Marge5 6,48 4,61 3,13 7,36 9,58 5,37 0,97
Jahresüberschuss1 26,33 18,93 9,76 33,77 47,81 25,23 -2,42
Netto-Marge6 3,82 2,71 1,45 5,39 6,32 3,37 -0,29
Cashflow1,7 82,90 60,70 84,04 82,66 43,75 69,14 100,58
Ergebnis je Aktie8 1,69 1,20 0,61 2,17 3,08 1,63 -0,79
Dividende8 0,80 0,55 0,00 0,80 1,00 0,70 0,80
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: PricewaterhouseCoopers

Surteco Group
WKN Kurs in € Einschätzung Börsenwert in Mio. €
517690 16,400 Halten 254,29
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,58 16,98 0,62 12,00
0,65 2,53 0,30 9,39
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
0,70 0,00 0,00 07.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
30.04.2024 31.07.2024 31.10.2024 24.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
1,64% 5,29% 1,23% -12,77%
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Oberflächen/Verpackung , 517690 , SUR , XETR:SUR