EQS-News

Ringmetall expands earnings margins in the first quarter against the background of declining steel prices - Seite 2

The key figures for business development in the reporting period are as follows:

IFRS, in EUR '000	Q1 2024	Q1 2023*	∆ [abs.]	∆ [%]
Group revenue	45,626	51,738	-6,112	-11.8%
Total output (TO)	45,154	52,747	-7,593	-14.4%
Gross profit	23,449	24,434	-985	-4.0%
Gross profit margin (on TO)	51.9%	46.3%	5.6%
EBITDA	6,255	6,318	-63	-1.0%
EBITDA margin (on TO)	13.9%	12.0%	1.9%
EBIT	4,232	4,405	-173	-3.9%
EBIT margin (on TO)	9.4%	8.4%	1.0%

*The comparative figures for the previous year include the contribution of the former subsidiary HSM, which was sold as per 30 June 2023.