EQS-News

Nabaltec AG with a dividend proposal of EUR 0.28 per share and revenues of EUR 54.0 million in the first quarter of 2024 according to preliminary figures

EQS-News: Nabaltec AG / Key word(s): Annual Report Nabaltec AG with a dividend proposal of EUR 0.28 per share and revenues of EUR 54.0 million in the first quarter of 2024 according to preliminary figures 25.04.2024 / 10:00 CET/CEST The issuer is solely responsible for the content of this announcement. Nabaltec AG with a dividend proposal of EUR 0.28 per share and revenues of EUR 54.0 million in the first quarter of 2024 according to preliminary figures

• Revenues in 2023 at EUR 200.1 million after EUR 218.8 million in the previous year (-8.5%)
• Operating profit (EBIT) in 2023 of EUR 18.3 million (2022: EUR 29.2 million)
• Preliminary figures for the first quarter of 2024: Revenues at EUR 54.0 million (Q1 2023: EUR 57.0 million); EBIT EUR 5.0 million (Q1 2023: EUR 5.2 million)
• Confirmation of the outlook 2024: Revenues slightly above the previous year's level; EBIT margin in a range of 7% to 9%

 

Schwandorf, 25 April 2024 – Nabaltec AG published its consolidated financial statements for 2023 today and confirms the preliminary figures for the 2023 Financial Year. The company achieved revenues of EUR 200.1 million after EUR 218.8 million in the previous year (-8.5%). The operating profit (EBIT) was EUR 18.3 million in 2023 after EUR 29.2 million in the previous year. The EBIT margin (EBIT as a percentage of total performance) was 9.1%.

In 2023, earnings before interest, taxes, depreciation and amortization (EBITDA) were EUR 31.0 million after EUR 42.4 million in 2022 (-26.9%). The EBITDA margin (EBITDA as a percentage of total performance) was 15.4%. Consolidated earnings for the financial year just closed was EUR 11.4 million, compared to EUR 26.4 million in the previous year. This corresponds to an earnings per share (EPS) of EUR 1.30 in 2023 (previous year: EUR 3.00). As in the previous year, the Management Board and Supervisory Board intend to propose to the shareholders a dividend of EUR 0.28 per share for the 2023 Financial Year at the 2024 Annual General Meeting.