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 - Seite 3

Given the current economic and industry-related environment, Nabaltec expects revenues for 2024 to be slightly above the level of the previous year 2023 (EUR 200.1 million). In terms of earnings, Nabaltec expects an EBIT margin in a range of 7% to 9% after 9.1% in the 2023 Financial Year. Johannes Heckmann: “We expect positive impulses in particular from an increase in volume across a wide product range as well as a slight increase in demand in the area of flame protection in Europe and for new applications, especially in thermal management. At the same time, we remain cautious in our forecast for the current financial year due to the overall situation in the chemical industry.”

Note: The 2023 Annual Report and the 2023 Annual Financial Statements for Nabaltec AG are available for download at www.nabaltec.de/en/investor-relations/financial-reports.

 

 

About Nabaltec AG:

Nabaltec AG, with registered office in Schwandorf, a chemicals business which has received multiple awards for innovativeness, manufactures, develops and distributes highly specialized products based on aluminum hydroxide and aluminum oxide on an industrial scale through its two product segments, "Functional Fillers" and "Specialty Alumina." The company's product range includes eco-friendly flame retardant fillers and functional additives for the plastics industry. Flame retardant fillers are used e.g. in cables in tunnels, airports, high-rise buildings and electronic devices, while additives have applications in catalysis and in electric vehicles. Nabaltec also produces specialty oxides for use in technical ceramics, the refractory and polishing industries. Nabaltec maintains production sites in Germany and the US and plans to continue to develop its market position by expanding capacity, further optimizing processes and quality and making strategic extensions to its product range. On the strength of its specialty products, the company strives to attain the market leadership in each segment.