21.05.2019 Daldrup & Söhne AG  DE0007830572

DGAP-Adhoc: Daldrup & Söhne AG reports a double digit EBIT loss for 2018


 

DGAP-Ad-hoc: Daldrup & Söhne AG / Key word(s): Profit Warning/Annual Results
Daldrup & Söhne AG reports a double digit EBIT loss for 2018

21-May-2019 / 20:25 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Publication of insider information
pursuant to Article 17 MAR
 

Daldrup & Söhne AG reports double-digit EBIT loss for 2018

- Completion of Taufkirchen geothermal power plant delayed

- Daldrup & Söhne AG acquires further shares (22.88 %) in Geysir Europe GmbH

- Realignment of the Group

Grünwald / Ascheberg, 21 May 2019 - The drilling technology and geothermal specialist Daldrup & Söhne AG (ISIN DE0007830572) will report an EBIT result of between minus EUR 14 million and minus EUR 17 million at Group level for the 2018 financial year according to preliminary, unaudited figures. The total operating performance will amount to around EUR 37 million. The earnings forecast for 2018 of an EBIT margin of 2 percent to 5 percent with a total operating performance of 40 million euros will not be achieved.

In addition to one-off valuation adjustments, losses from operating activities also contributed to the negative EBIT result. The latter are due in particular to the dynamic price development for materials and services of the construction companies engaged in the drilling projects, the lack of specialist personnel for the company's own drilling rigs and the long frost period at the beginning of the 2018 financial year. In addition, the continuing delay in the final completion and commissioning of the Taufkirchen geothermal power plant had a negative impact on earnings. The power plant in Landau is running smoothly.

As a consequence of the operating losses, the Executive Board is aiming for a realignment of the Group with a focus on the drilling services business and on partnership models in the power plant division, which corresponds to the medium-sized orientation of the Daldrup & Söhne Group.

Daldrup acquired 22.88% of the shares in Geysir Europe GmbH with effect from 1 April 2019. Daldrup thus holds 97.89 % (previously 75.01 %) of the shares. The indirect share of Daldrup & Söhne AG in the project company Taufkirchen and the operating company Landau also increases to 72.06% (previously 55.21%) and 97.89% (previously 75.01%) respectively.

At EUR 48.5 million, the order backlog is very satisfactorily filled. The company's liquidity is secured.




Contact:
Daldrup & Söhne AG
Falk v. Kriegsheim
IR Manager
Fon +49 (0)2593-9593-29
[email protected]
www.daldrup.eu

Bavariafilmplatz 7
82031 Grünwald/Geiselgasteig

21-May-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Daldrup & Söhne AG
Bavariafilmplatz 7 / Gb. 32
82031 Grünwald/Geiselgasteig
Germany
Phone: +49 (0) 89 / 45 24 37 920
Fax: -
E-mail: [email protected]
Internet: www.daldrup.eu
ISIN: DE0007830572
WKN: 783057
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange
EQS News ID: 814229

 
End of Announcement DGAP News Service

814229  21-May-2019 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 17,26 31,14 24,76 38,94 24,77 28,19 40,00
EBITDA1,2 4,52 4,56 4,74 -12,42 -7,87 4,20 3,70
EBITDA-Marge3 26,19 14,64 19,14 -31,90 -31,77 14,90 9,25
EBIT1,4 0,81 0,95 1,14 -16,30 -10,79 1,89 1,20
EBIT-Marge5 4,69 3,05 4,60 -41,86 -43,56 6,70 3,00
Jahresüberschuss1 0,18 0,15 0,02 -18,66 -12,33 -5,20 0,45
Netto-Marge6 1,04 0,48 0,08 -47,92 -49,78 -18,45 1,13
Cashflow1,7 -17,23 3,65 9,90 34,43 4,06 -1,62 0,00
Ergebnis je Aktie8 0,03 0,03 0,01 -3,11 -2,06 -0,87 0,08
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Warth & Klein Grant Thornton

INVESTOR-INFORMATIONEN
©boersengefluester.de
Daldrup & Söhne
WKN Kurs in € Einschätzung Börsenwert in Mio. €
783057 4,160 Halten 24,92
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
24,47 0,00 0,00 -4,55
KBV KCV KUV EV/EBITDA
1,37 15,43 0,88 7,06
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,00 0,00 0,00 26.08.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
30.09.2021 31.05.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-5,07% 0,85% 28,79% 110,10%
    
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