25.05.2021 centrotherm international AG  DE000A1TNMM9

DGAP-News: centrotherm international AG: centrotherm Group 2020 business balance sheet and outlook


DGAP-News: centrotherm international AG / Key word(s): Annual Results/Annual Report
centrotherm international AG: centrotherm Group 2020 business balance sheet and outlook

25.05.2021 / 08:40
The issuer is solely responsible for the content of this announcement.

centrotherm Group 2020 business balance sheet and outlook

- 34% increase in order intake to EUR 234.4 million

- Group revenue increase slightly to EUR 107.3 million

- EBITDA negative as forecast

- Order backlog almost doubled from EUR 132.8 million to EUR 256.7 million

- Outlook for 2021: Significant increase in total operating performance
and positive EBITDA

Blaubeuren, May 25, 2021 - The centrotherm Group significantly increased its order intake by 34 % to EUR 234.4 million in the 2020 financial year (previous year: EUR 175.3 million). The Corona crisis only made itself felt at centrotherm in the first half of the past financial year, when expected orders, particularly from the photovoltaics industry, initially failed to materialize due to the spread of COVID-19 in China. Group revenue rose slightly from EUR 99.1 million in the previous year to EUR 107.3 million. As a result, the book-to-bill ratio was 2.2. Due to the high order intake, total operating performance was again high at EUR 143.2 million (previous year: EUR 138.6 million) and in line with the forecast for the past fiscal year, which was revised upwards in October 2020.

The forecast of a clearly negative Group EBITDA occurred at EUR -8.0 million (previous year: EUR -11.4 million). Despite the reduction in operating expenses, the pandemic-related underutilization of capacity in the first half of 2020 and impairment losses in connection with the introduction of a new generation of equipment had a particularly negative impact on earnings. EBITDA was additionally burdened by investments in research & development.

Jan von Schuckmann, CEO of centrotherm: "Despite the Corona crisis, we invested in our development and future projects in a targeted manner. It was our declared aim to emerge stronger from this crisis and, when the markets revive, to have a product portfolio at hand to benefit from the upturn and exploit advantages over the competition. This has paid off for us: the order backlog at the end of fiscal 2020 almost doubled to EUR 256.7 million compared to the previous period, adding up to EUR 330.8 million at the end of March 2021."

Gunter Fauth, Chief Operations Officer adds, "The production facilities in Blaubeuren and Kunshan/China are running at very high capacity until the fourth quarter of 2021. "

For the financial year 2021, the Board of Management expects a total operating performance of EUR 200 to 260 million in the Group and positive EBITDA in the single-digit million range. This assumes that there continues to be no significant impact from the COVID 19 pandemic in terms of order intake, supply chains and production.

Note: The Annual Report 2020 is available for download in German on our website in the Investor Relations section.

About centrotherm international AG
Thermal production solutions and coating technologies are among centrotherm's core competencies. For more than 70 years we have been developing and implementing production concepts for a constantly growing international customer base. In addition to growth sectors such as the semiconductor and microelectronics industry, as well as photovoltaics, our innovative solutions are also being applied in new future-oriented fields such as carbon fiber production. As a leading, globally active technology group, we work closely with partners from industry and research. We improve existing production concepts and set new trends. In this way, we generate valuable competitive advantages for our customers. Around 600 employees worldwide are working to shape the future - GREEN | SMART | EFFICIENT.

centrotherm international AG
Württemberger Str. 31
89143 Blaubeuren
Internet: www.centrotherm.de
German Securities Identification Number (WKN): A1TNMM (bearer shares); A1TNMN (unlisted shares from the non-cash capital increase)
ISIN: DE000A1TNMM9 (bearer shares); DE000A1TNMN7 (unlisted shares from the non-cash capital increase)
Inclusion: Basic Board, Frankfurt Stock Exchange
Corporate domicile: Germany

Contact centrotherm:
Nathalie Albrecht
Manager Public & Investor Relations
Tel: +49 7344 918-6304
E-mail: [email protected]

25.05.2021 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.

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Language: English
Company: centrotherm international AG
Württemberger Str. 31
89143 Blaubeuren
Phone: +49 7344 918-0
Fax: +49 7344 918-8388
E-mail: [email protected]
Internet: www.centrotherm.de
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1200024

End of News DGAP News Service

1200024  25.05.2021 


Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 138,56 144,37 101,85 179,95 99,11 107,26 185,00
EBITDA1,2 22,50 2,79 18,55 6,60 -11,43 -7,98 4,50
EBITDA-Marge3 16,24 1,93 18,21 3,67 -11,53 -7,44 2,43
EBIT1,4 18,98 -0,97 15,41 3,51 -14,10 -11,05 1,10
EBIT-Marge5 13,70 -0,67 15,13 1,95 -14,23 -10,30 0,60
Jahresüberschuss1 6,96 -6,06 11,95 1,96 -16,21 -9,89 0,00
Netto-Marge6 5,02 -4,20 11,73 1,09 -16,36 -9,22 0,00
Cashflow1,7 -2,80 -17,40 -9,45 -10,04 -5,62 11,31 0,00
Ergebnis je Aktie8 0,33 -0,29 0,56 0,09 -0,77 -0,47 0,01
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: Mazars

Centrotherm International
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1TNMM 5,140 - 108,77
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
39,54 11,49 3,44 -11,47
3,42 9,61 1,01 -13,16
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
0,00 0,00 0,00 06.07.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
30.10.2021 25.05.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
11,73% 46,16% 86,23% 88,97%
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