Delignit AG's revenue grows by 16 % to more than € 68 million with EBITDA margin of 8.0% in 2021

Blomberg, 08 March 2022. Delignit AG (ISIN DE000A0MZ4B0), a leading manufacturer of ecological, hardwood-based products and system solutions, increased its consolidated revenue to € 68.3 million, thereby outperforming the previous year's revenue of € 58.7 million significantly by 16 % or around € 10 million in fiscal 2021, according to provisional, unaudited figures. The Delignit Group has therefore achieved the revenue guidance published in March 2021 and set a new record for revenue in a persistently challenging market environment.

Despite higher costs for raw materials and business interruptions at OEM customers affected by the semiconductor shortage, the Delignit Group EBITDA held stable at around € 5.6 million (previous year: € 5.6 million). The EBITDA margin is around 8.0 % of operating performance (previous year 9.8 %) and thus slightly lower than the forecasted margin of 9 %.

A guidance for fiscal 2022 is not possible at this time given the recent political developments in the Russia-Ukraine conflict and the resulting impact on international supply chains. The Management Board is monitoring the potential risks for the company's business very closely, and is attempting to minimise these as much as possible. In light of the currently low visibility, the guidance for 2022 will be released with the full 2021 annual report in April 2022.

The full 2021 annual report will be published in April 2022, when it will be available in the Investor Relations section of the company's website at www.delignit.com.

Further information is available online at www.delignit.com.

Contact:
Delignit AG
Königswinkel 2-6
32825 Blomberg
Tel. +49 5235 966-156
Fax +49 5235 966-351
e-mail: [email protected]