25.10.2023 HelloFresh SE  DE000A161408

EQS-Adhoc: HelloFresh SE announces up to EUR 150 million buy-back in shares and certain convertible bonds


 

EQS-Ad-hoc: HelloFresh SE / Key word(s): Share Buyback
HelloFresh SE announces up to EUR 150 million buy-back in shares and certain convertible bonds

25-Oct-2023 / 18:22 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.


 

Public disclosure of inside information according to Article 17 para. 1 of the Regulation (EU) No 596/2014 on market abuse (market abuse regulation - MAR)

 

HelloFresh SE announces up to EUR 150 million buy-back in shares and certain convertible bonds

International Securities Identification Number (ISIN): DE000A161408
German Securities Code (WKN): A16140
Ticker Symbol: HFG
LEI: 391200ZAF4V6XD2M9G57
Listed: Regulated Market in Frankfurt am Main (Prime Standard)

 

Berlin, 25 October 2023. The management board of HelloFresh SE (the “Company”), with the consent of the Company’s supervisory board, resolved today to introduce a buy-back in the Company’s shares and, likely to a smaller extent, in convertible bonds issued in May 2020, with a total combined volume of up to EUR 150 million (excluding costs incidental to the repurchases). The share repurchase is based on the authorization granted by the Company’s annual general shareholders’ meeting of 12 May 2022.

Any repurchases will be made through banks. The share repurchases are planned to be based on a certain program, which aims to buy a higher number of shares at lower share price levels, a lower number of shares at higher share price levels and no shares above a certain share price level; in no case will more than 15 million shares be bought back. Any repurchases of convertible bonds are intended to be made in small amounts on an opportunistic basis depending on price developments and are limited to a maximum total of EUR 50 million nominal of convertible bonds (i.e., 500 convertible bonds). As a consequence, the Company may not deploy the full EUR 150 million. The purpose of the share buy-back is to cancel the repurchased shares and thereby reduce the Company’s share capital or to use them to meet obligations arising from the Company’s employee equity incentive programs. Any repurchase of convertible bonds would further optimize the Company’s capital structure; the repurchased convertible bonds, if any, will be cancelled.

The buyback program will start at the earliest on 26 October 2023 and will terminate at the latest on 31 December 2024.

The Company reserves the right to amend or terminate the buy-back regarding its shares and/or the buy-back regarding the convertible bonds at any time.

 

 

Competent person for this publication
Dr. Christian Ries
Group General Counsel
HelloFresh SE, Prinzenstraße 89, 10969 Berlin
 
+49 (0) 160 96 382 504
[email protected]
www.hellofreshgroup.com

 

Press contact
Saskia Leisewitz
Director Global Corporate Communications
HelloFresh SE, Prinzenstraße 89, 10969 Berlin
 
+49 (0) 174 72 359 61
[email protected]
www.hellofreshgroup.com

 

Legal Disclaimer

This document contains forward-looking statements relating to the business, financial performance and results of the Company, the HelloFresh Group or the industry in which the HelloFresh Group operates. These statements may be identified by words such as "will", "expect", "belief", "estimate", "plan", "target" or "forecast" and similar expressions, or by their context. Forward-looking statements include statements regarding: strategies, outlook and growth prospects; future plans and potential for future growth; growth of products and services in new markets; industry trends; and the impact of regulatory initiatives. These statements are made on the basis of current knowledge and assumptions and involve risks and uncertainties. Various factors could cause actual future results, developments or events to differ materially from those described in these statements, and neither the Company nor any other person accepts any responsibility for the accuracy of the opinions expressed in this document or the underlying assumptions. No obligation is assumed to update any forward-looking statements.



End of Inside Information

25-Oct-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: HelloFresh SE
Prinzenstraße 89
10969 Berlin
Germany
E-mail: [email protected]
Internet: www.hellofreshgroup.com
ISIN: DE000A161408
WKN: A16140
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1757477

 
End of Announcement EQS News Service

1757477  25-Oct-2023 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 904,90 1.279,20 1.809,00 3.749,90 5.993,40 7.607,20 7.830,00
EBITDA1,2 -87,70 -73,30 15,70 472,90 488,60 383,20 385,00
EBITDA-Marge3 -9,69 -5,73 0,87 12,61 8,15 5,04
EBIT1,4 -88,80 -82,80 -25,80 425,90 391,80 217,20 220,00
EBIT-Marge5 -9,81 -6,47 -1,43 11,36 6,54 2,86 2,81
Jahresüberschuss1 -92,00 -82,80 -10,10 369,10 256,30 125,10 127,00
Netto-Marge6 -10,17 -6,47 -0,56 9,84 4,28 1,64 1,62
Cashflow1,7 -45,50 -50,20 42,20 601,50 458,60 313,40 0,00
Ergebnis je Aktie8 -0,67 -0,51 -0,06 2,09 1,41 0,63 0,70
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - 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
HelloFresh
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A16140 12,605 Halten 2.183,07
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,42 28,92 0,36 57,04
KBV KCV KUV EV/EBITDA
2,07 6,97 0,29 4,91
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,00 0,00 0,00 02.05.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
25.04.2024 13.08.2024 26.10.2023 15.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-6,09% -39,06% -11,91% -39,17%
    
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E-Commerce , A16140 , HFG , XETR:HFG