Ernst Russ AG Triumphs with Strong Business Performance Amidst Market Challenges

• Ernst Russ AG reported successful business performance in the first nine months of 2023 despite challenging market conditions
• The company's revenue increased by EUR 11.3 million year-on-year to EUR 149.3 million, primarily due to the expansion of the fleet
• Consolidated net profit after minority interests amounted to EUR 36.3 million, up from EUR 33.9 million in the previous year
• Ship assets increased by EUR 69.4 million to EUR 265.3 million
• At the end of the third quarter of 2023, the Ernst Russ Group owned 31 ships, primarily container ships, supplemented by a handysize bulker and a multipurpose ship
• For the financial year 2023, the Ernst Russ Group expects revenues between EUR 190 and 210 million and an operating result (EBIT) between EUR 70 and 90 million.

The next important date, Analyst event, at Ernst Russ is on 16.11.2023.
The price of Ernst Russ at the time of the news was 4,1050EUR and was up +0,74 % compared with the previous day.

Ernst Russ

-16,34 %

-7,84 %

+1,44 %

+53,38 %

+40,56 %

+45,98 %

+45,98 %

+1.317,41 %

-74,71 %

ISIN:DE000A161077WKN:A16107

• Intraday
• 5 Tage
• 1 Monat
• 3M
• 1 Jahr
• 3J
• 5J
• 10J
• Max