19.07.2019 Daldrup & Söhne AG  DE0007830572

DGAP-News: Daldrup & Söhne AG concludes first contract with private equity investor IKAV


 

DGAP-News: Daldrup & Söhne AG / Key word(s): Investment
Daldrup & Söhne AG concludes first contract with private equity investor IKAV

19.07.2019 / 15:06
The issuer is solely responsible for the content of this announcement.


Corporate News

 

Daldrup & Söhne AG concludes first contract with renewable energy investor IKAV

- Daldrup receives EUR 5.2 million in earmarked funds

- Further contract negotiations underway

Grünwald / Ascheberg, 19 July 2019 - The drilling technology and geothermal specialist Daldrup & Söhne AG (ISIN DE0007830572) has concluded agreements with the IKAV Group, represented by the Luxembourg fund IKAV Invest S.à r.l., on the purchase and assignment of shares in Geysir Europe GmbH and geox GmbH.

The first part of the agreements (see ad hoc release dated 31 May 2019) has thus been successfully implemented. Daldrup received EUR 5.2 million in earmarked funds. This represents a first step towards the debt relief of the Daldrup Group and the deconsolidation of the Geysir Group. Both parties continue the negotiations on the basis of a notarial termsheet. This also includes the separately planned sale of shares in the Taufkirchen geothermal power plant.

IKAV Invest S.à r.l. acquires 48.9% of the shares in Geysir Europe GmbH and 1.0% of the shares in geox GmbH.

The sale of the shares is a key component of the restructuring measures that the Executive Board is currently implementing in stages based on the operating result for the 2018 financial year.

About Daldrup & Söhne AG
Daldrup & Söhne AG (ISIN: DE0007830572, WKN: 783057) with a corporate history spanning more than 70 years is a specialist provider of drilling and environmental services and ranks as one of the leading companies in Germany. Its activities are divided into the business divisions Geothermics, Raw Materials & Exploration, Water Extraction as well as Environment, Development & Services (EDS). The Geothermics business division provides drilling services for near-surface geothermics (especially geothermal probes of heat pumps), along with drilling services for deep geothermics up to 6000 m, in order to utilise the geothermal energy accessible in this way for electricity and/or heat generation. In the Raw Materials and Exploration business division, the bores made by Daldrup & Söhne AG serve for exploring and developing fossil fuel deposits (especially coal and gas) as well as mineral resources and ores (e.g. copper and gold). The Water Extraction business division comprises well construction for the extraction of drinking, service, curative, mineral, boiler-feed or cooling water as well thermal brine. The Environment, Development & Services (EDS) business division comprises special environmental engineering services such as the hydraulic clean-up of contaminated sites, the drilling of gas extraction wells for recovering waste dump gas, the provision of groundwater quality measuring points or the installation of water purification plants.

The majority stake in Geysir Europe GmbH also gives the Daldrup Group its own fields of experience in the exploration of geothermal energy in the Bavarian Molasse Basin and in the Upper Rhine Plain. The existing project management and power station expertise means that all stages of value creation can be covered for a deep geothermics project.

The shares of Daldrup & Söhne AG are listed in the Scale (sub-segment in the open market of the Frankfurt Stock Exchange).

Disclaimer
This publication represents neither an offer for sale nor a call to submit a tender for the purchase or underwriting of securities. This publication and the information it contains is not intended for direct or indirect dissemination in or within the United States of America ("USA"), Canada, Australia or Japan.
Press & Investor Relations Contact:

Daldrup & Söhne AG
Falk v. Kriegsheim
Phone +49 (0)2593-9593-29
Fax +49 (0)2593-9593-60
Bavariafilmplatz 7 [email protected]
82031 Grünwald/Geiselgasteig www.daldrup.eu




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

Bavariafilmplatz 7
82031 Grünwald/Geiselgasteig


19.07.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 843911

 
End of News DGAP News Service

843911  19.07.2019 

fncls.ssp?fn=show_t_gif&application_id=843911&application_name=news&site_id=boersengefluester_html


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 4,100 Halten 24,56
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
24,12 0,00 0,00 -4,49
KBV KCV KUV EV/EBITDA
1,35 15,21 0,87 6,97
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
-7,16% 0,02% 26,94% 105,00%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Daldrup & Söhne AG  ISIN: DE0007830572 können Sie bei DGAP abrufen

Rohstoffausrüster , 783057 , 4DS , XETR:4DS