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    EQS-News  109  0 Kommentare KNAUS TABBERT SUCCESSFULLY STARTS THE 2024 FINANCIAL YEAR - STRONG INCREASE IN EARNINGS IN THE FIRST QUARTER OF 2024

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    • Group revenue up 2.2% to EUR 376.7 million in Q1 2024
    • Adjusted EBITDA rises by 18.5% to EUR 38.8 million
    • Forecast for 2024 financial year confirmed, strong growth expected

    EQS-News: Knaus Tabbert AG / Key word(s): Quarterly / Interim Statement/Forecast
    KNAUS TABBERT SUCCESSFULLY STARTS THE 2024 FINANCIAL YEAR - STRONG INCREASE IN EARNINGS IN THE FIRST QUARTER OF 2024

    08.05.2024 / 07:00 CET/CEST
    The issuer is solely responsible for the content of this announcement.


    • Group revenue increases by 2.2 per cent to EUR 376.7 million in the first quarter of 2024
    • Adjusted EBITDA increases disproportionately to revenue by 18.5 per cent to EUR 38.8 million
    • KNAUS, WEINSBERG and MORELO remain leaders in new registrations
    • Forecast for the 2024 financial year confirmed 
    in EUR mill. 01.01. to 31.03.2024 01.01. to 31.03.2023 01.01. bis 31.03.2022 Change
    Revenue 376,7 368,5 222,3 2,2%
    thereof premium segment 327,7 323,1 190,1 1,4%
    thereof luxury segment 49,0 45,4 32,2 7,9%
    Total output 388,4 380,7 212,1 2,0%
             
    EBITDA 38,1 32,7 16,2 18,5%
    EBITDA adjusted 38,8 32,7 16,2 18,5%
    EBITDA-margin adjusted 10,3% 8,9% 7,3%  
    Net income 18,2 17,0 6,2 6,6%
    Earnings per share (in EUR) 1,77 1,71 0,62 3,4%

     Overall, consolidated Group revenue increased by 2.2% to EUR 376.7 million in the first quarter of 2024 (previous year: EUR 368.5 million). EBITDA adjusted for special items rose from EUR 32.7 million to EUR 38.8 million in the reporting period, an increase of 18.5 per cent. The adjusted EBITDA margin increased significantly to 10.3% (previous year: 8.9%).

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    EQS-News KNAUS TABBERT SUCCESSFULLY STARTS THE 2024 FINANCIAL YEAR - STRONG INCREASE IN EARNINGS IN THE FIRST QUARTER OF 2024 EQS-News: Knaus Tabbert AG / Key word(s): Quarterly / Interim Statement/Forecast KNAUS TABBERT SUCCESSFULLY STARTS THE 2024 FINANCIAL YEAR - STRONG INCREASE IN EARNINGS IN THE FIRST QUARTER OF 2024 08.05.2024 / 07:00 CET/CEST The issuer is solely …