11.12.2023 SURTECO GROUP SE  DE0005176903

EQS-News: SURTECO GROUP SE successfully completes refinancing


 

EQS-News: SURTECO GROUP SE / Key word(s): Financing
SURTECO GROUP SE successfully completes refinancing

11.12.2023 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


 SURTECO GROUP SE successfully completes refinancing

(Buttenwiesen, 11 December 2023) SURTECO GROUP SE has successfully implemented the refinancing of the bridge loan for the acquisition of the OMNOVA business units.

The refinancing includes a syndicated loan with a volume of € 230 million, of which € 30 million are revolving credit facilities (RCF) that replace some of the existing RCF. In addition, an increase option with a volume of € 60 million agreed for general corporate financing. The term is 3 years with a two-time extension option of one year each.

“By successfully completing the refinancing in a challenging market environment, we have created a stable long-term financing structure. This allows us to concentrate on the further implementation of our strategy and strengthening the earnings power of our business areas,” says the CFO of SURTECO GROUP SE Andreas Pötz.

 

Contact:

SURTECO GROUP SE  
Martin Miller
Investor Relations
T: +49 8274 9988-508
 
 
F: +49 8274 9988-515
[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. The group manufactures its products at 26 locations on four continents worldwide and employs approximately 3,800 people. In 2022, the company achieved an annual turnover of €748 million and an EBIT of €40 million. 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.

 



11.12.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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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.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: 1793283

 
End of News EQS News Service

1793283  11.12.2023 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 0,62 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
0,14% 4,06% 0,00% -13,83%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu SURTECO GROUP SE  ISIN: DE0005176903 können Sie bei EQS abrufen


Oberflächen/Verpackung , 517690 , SUR , XETR:SUR