29.07.2019 EDAG Engineering Group AG  CH0303692047

DGAP-Adhoc: EDAG Engineering Group AG: Preliminary key data for H1 and revision of outlook for fiscal year 2019


 

DGAP-Ad-hoc: EDAG Engineering Group AG / Key word(s): Preliminary Results/Change in Forecast
EDAG Engineering Group AG: Preliminary key data for H1 and revision of outlook for fiscal year 2019

29-Jul-2019 / 21:50 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.


EDAG Engineering Group AG: Preliminary key data for H1 and revision of outlook for fiscal year 2019

 

Arbon, July 29. 2019. EDAG Engineering Group AG (EDAG) has generated a preliminary and unaudited revenue of 390.4 million Euros in H1 2019. The adjusted EBIT levelled at 16.9 million Euros, which corresponds to an adjusted EBIT margin of 4.3%. Earnings after tax were at about 4.5 million Euros.
 

This development is mainly due to a persistently weak market environment in the segment Production Solutions. The resulting underutilization leads to a negative sales and profit development in this segment.
Therefore, the Group Management has increased the funds for restructuring measures to an amount of up to 8 million Euros. The main objective of the restructuring measures is to sustainably improve the performance of the Production Solutions segment, so that profitable growth can be achieved again in the medium term. In the fiscal year 2019 though, the restructuring measures will have a negative impact on earnings after tax.
 

Against this background as well as the volatile market environment expected in the second half of the year, the Group Management has decided to revise the sales and earnings outlook for the full year 2019.
 

Revenues are now expected to be at previous year's level +/- round 1%, instead of an increase of up to 5%. The adjusted EBIT-margin is now expected in a range of round 4-5%, instead of the lower end of a range of 5-7%. Earnings after tax are expected to be below 10 million Euros.
The segment Production Solutions now expects a negative adjusted EBIT in a single-digit percentage range. The forecasts for the segments Vehicle Engineering and Electrics/Electronics remain unchanged.
 

The financial report for the first half of 2019 will be released on August 28, 2019.


"adjustedEBIT" is defined in the Annual Report 2018, page 206, which is available at ir.edag.com


Contact:
Sebastian Lehmann
Head of Investor Relations

EDAG Engineering Group AG
Schlossgasse 2
9320 Arbon
Schweiz
Tel.: +41 (0)71 544 33 - 11
Fax: +41 (0)71 544 33 - 10
[email protected]
ir.edag.com


Contact in Germany:

EDAG Engineering GmbH
Kreuzberger Ring 40
65205 Wiesbaden
Tel.: +49-611-7375-168
Mobil: +49-175-8020226
Email: [email protected]
[email protected]
www.edag.de


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


Language: English
Company: EDAG Engineering Group AG
Schlossgasse 2
9320 Arbon
Switzerland
Phone: +41 71 54433-0
E-mail: [email protected]
Internet: www.edag.com
ISIN: CH0303692047
WKN: A143NB
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart
EQS News ID: 848431

 
End of Announcement DGAP News Service

848431  29-Jul-2019 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023
Umsatzerlöse1 716,69 788,25 782,77 653,46 687,62 795,05 844,78
EBITDA1,2 56,33 91,78 66,14 24,39 67,78 90,55 95,31
EBITDA-Marge3 7,86 11,64 8,45 3,73 9,86 11,39
EBIT1,4 27,59 48,19 20,25 -20,46 26,03 51,07 53,94
EBIT-Marge5 3,85 6,11 2,59 -3,13 3,79 6,42 6,39
Jahresüberschuss1 14,35 23,74 7,02 -23,40 11,42 28,86 28,90
Netto-Marge6 2,00 3,01 0,90 -3,58 1,66 3,63 3,42
Cashflow1,7 51,57 91,05 78,87 150,11 23,59 34,00 40,74
Ergebnis je Aktie8 0,57 1,02 0,28 -0,94 0,46 1,15 1,16
Dividende8 0,75 0,75 0,00 0,00 0,20 0,55 0,75
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2023 - 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: Deloitte

INVESTOR-INFORMATIONEN
©boersengefluester.de
EDAG Engineering Group
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A143NB 7,620 190,50
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
10,30 18,87 0,55 11,19
KBV KCV KUV EV/EBITDA
1,28 4,68 0,23 2,86
Dividende '22 in € Dividende '23 in € Div.-Rendite '23
in %
Hauptversammlung
0,55 0,55 7,22 19.06.2024
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
08.05.2024 30.08.2024 07.11.2024 27.03.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-11,90% -28,03% -43,76% -40,24%
    
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Automobilzulieferer , A143NB , ED4 , XETR:ED4