20.07.2021 Deutsche Rohstoff AG  DE000A0XYG76

DGAP-News: Deutsche Rohstoff AG: Full repayment of the 2016/21 bond


 

DGAP-News: Deutsche Rohstoff AG / Key word(s): Bond
Deutsche Rohstoff AG: Full repayment of the 2016/21 bond

20.07.2021 / 09:08
The issuer is solely responsible for the content of this announcement.


Deutsche Rohstoff AG: Full repayment of the 2016/21 bond
Net debt already reduced by EUR 29 million in 2021/Equity ratio rises to 31,9 percent

Mannheim. Deutsche Rohstoff AG will repay the maturing 2016/21 bond on schedule today. The outstanding bond volume amounts to EUR 16.7 million. A further EUR 50.0 million had been repaid in 2019 and 2020 or swapped into the 2019/24 bond. This is already the second bond that Deutsche Rohstoff AG is repaying in full.

The debt of the Deutsche Rohstoff Group (bond and bank liabilities) currently falls to around EUR 101 million due to the repayment. Outstanding are the convertible bond 2018/23 with a volume of EUR 10.7 million and the bond 2019/24 with EUR 87.1 million. In addition, there are bank liabilities in the USA, which currently amount to around EUR 3.4 million. At the end of 2020, the Group's debt had still amounted to EUR 128 million. In addition to the repayment of the 2016/21 bond, the bank loan in the USA was also reduced by around EUR 10.4 million. The EUR 3.4 million still outstanding will be repaid in the coming weeks. Cub Creek Energy's credit facility remains in place in the amount of USD 23 million and is expected to be used again during the year to finance the completion of the Knight well site.

Cash and cash equivalents (cash + non-current and current securities + current receivables) have increased to approximately EUR 70.9 million as of 30 June 2021, according to preliminary figures (31 December 2020: EUR 46.9 million). Net debt* has fallen to EUR 63 million. At the end of 2020, it had still amounted to EUR 92 million.

The Group's equity increased significantly to EUR 66,0 million as of June 30, 2020 (31 December 2020: EUR 45.6 million). The equity ratio was 29,1 percent at the half-year point (31 December 2020: 22.1 percent) and will rise to 31,9 percent after repayment of the bond. All key figures and disclosures are unaudited and based on the preliminary half-year financial statements of Deutsche Rohstoff AG.

Jan-Philipp Weitz, CFO of Deutsche Rohstoff AG, said: "The very good result of the first half of the year and the strong cash flow lead to a fast deleveraging of the Group. We were able to repay the maturing 2016/21 bond from cash and cash equivalents without any problems. The high inflows and good liquidity position give us scope for further investments."

*Bond, bank and current liabilities less cash and cash equivalents, non-current and current securities and current receivables

Mannheim, 20 July 2021

Deutsche Rohstoff identifies, develops and sells attractive raw material deposits in North America, Australia and Europe. The focus is on the development of oil and gas deposits in the USA. Metals such as gold and tungsten complete the portfolio. Further information can be found at www.rohstoff.de

Contact
Deutsche Rohstoff AG
Dr. Thomas Gutschlag, CEO
Phone +49 621 490 817 0
[email protected]



20.07.2021 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: Deutsche Rohstoff AG
Q7, 24
68161 Mannheim
Germany
Phone: 0621 490 817 0
Fax: 0621 490 817 22
E-mail: [email protected]
Internet: www.rohstoff.de
ISIN: DE000A0XYG76, DE000A1R07G4,
WKN: A0XYG7, A1R07G
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1220158

 
End of News DGAP News Service

1220158  20.07.2021 

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Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 53,75 109,05 41,20 38,68 73,32 165,44 196,60
EBITDA1,2 36,13 97,93 22,72 23,90 66,06 139,09 158,20
EBITDA-Marge3 67,22 89,80 55,15 61,79 90,10 84,07
EBIT1,4 6,13 32,70 5,63 -16,10 32,59 91,43 95,00
EBIT-Marge5 11,40 29,99 13,67 -41,62 44,45 55,27 48,32
Jahresüberschuss1 7,63 17,95 0,19 -16,10 26,36 66,19 67,50
Netto-Marge6 14,20 16,46 0,46 -41,62 35,95 40,01 34,33
Cashflow1,7 37,85 68,67 34,93 13,99 51,82 142,73 135,00
Ergebnis je Aktie8 1,51 3,54 0,04 -3,17 5,00 12,15 13,01
Dividende8 0,65 0,70 0,10 0,00 0,60 1,30 0,60
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - 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: Falk

INVESTOR-INFORMATIONEN
©boersengefluester.de
Deutsche Rohstoff
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0XYG7 34,150 Kaufen 170,86
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
3,10 4,82 0,65 8,22
KBV KCV KUV EV/EBITDA
0,97 1,27 0,87 1,58
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
1,30 1,40 4,10 29.06.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
11.05.2023 15.08.2023 02.11.2023 23.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
6,03% 10,67% 5,24% 33,40%
    
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