13.12.2022 SURTECO GROUP SE  DE0005176903

EQS-Adhoc: SURTECO GROUP SE: Acquisition of the 'Laminates and performance films and coated fabrics' business from Omnova Solutions Inc., a subsidiary of Synthomer plc


 

EQS-Ad-hoc: SURTECO GROUP SE / Key word(s): Mergers & Acquisitions
SURTECO GROUP SE: Acquisition of the 'Laminates and performance films and coated fabrics' business from Omnova Solutions Inc., a subsidiary of Synthomer plc

13-Dec-2022 / 08:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Buttenwiesen, 13 December 2022 – SURTECO GROUP SE, via its subsidiary SURTECO North America Inc., USA, acquires the "Laminates and performance films and coated fabrics" business from Synthomer plc´s subsidiary, Omnova Solutions Inc., USA. A respective purchase agreement was signed today. The completion of the Transaction is subject to customary closing conditions including regulatory approval. The closing is also subject to Synthomer plc´s shareholders´ approval.

The business units specialize in the production and sale of laminates, foils and vinyl-coated fabrics and employ a total of around 880 people at locations in the USA and Thailand. Sales in 2021 were USD 254 million and earnings before interest, taxes, depreciation and amortization (EBITDA) were USD 32 million.

The total purchase price amounts to USD 255 million. SURTECO is financing the transaction via bridge financing.

The SURTECO Group (2021: sales € 757.1 million; EBIT € 72.5 million; approx. 3,100 employees) wants to strengthen its market presence in the USA and in Asia, as well as expand the product portfolio with the takeover of these business areas.

 

 


Contact:
Martin Miller
Investor Relations
[email protected]
+49 (0)8274 9988-508

13-Dec-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: SURTECO GROUP SE
Johan-Viktor-Bausch-Str. 2
86647 Buttenwiesen
Germany
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: 1509485

 
End of Announcement EQS News Service

1509485  13-Dec-2022 CET/CEST

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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

INVESTOR-INFORMATIONEN
©boersengefluester.de
Surteco Group
WKN Kurs in € Einschätzung Börsenwert in Mio. €
517690 16,200 Halten 251,19
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,45 16,97 0,61 11,85
KBV KCV KUV EV/EBITDA
0,64 2,50 0,30 9,34
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
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
2,29% 3,65% 0,00% -17,77%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu SURTECO GROUP SE  ISIN: DE0005176903 können Sie bei EQS abrufen


Oberflächen/Verpackung , 517690 , SUR , XETR:SUR