Shelly Group SE
ISIN: BG1100003166
WKN: A2DGX9
20 February 2025 11:00AM

EQS-News: Shelly Group SE: Early extension of the appointment of Co-CEOs Dimitar Dimitrov and Wolfgang Kirsch

Shelly Group SE · ISIN: BG1100003166 · EQS - Company News
Country: Bulgaria · Primary market: Bulgaria · EQS NID: 2088825

EQS-News: Shelly Group SE / Key word(s): Personnel
Shelly Group SE: Early extension of the appointment of Co-CEOs Dimitar Dimitrov and Wolfgang Kirsch

20.02.2025 / 11:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


Shelly Group SE: Early extension of the appointment of Co-CEOs Dimitar Dimitrov and Wolfgang Kirsch

Sofia / Munich, 20 February 2025
– The Board of Directors of Shelly Group SE (Ticker: SLYG / ISIN: BG1100003166) (“Shelly Group” / “the Company”), has decided to propose to the Annual General Meeting in June 2025 the early extension of the appointments of Dimitar Dimitrov and Wolfgang Kirsch as members of the Board of Directors. Both assignments have terms until the end of 2025. Dimitar Dimitrov is now to be appointed for a further five years until 31 December 2030, Wolfgang Kirsch at his own request initially for a further three years until 31 December 2028. With the early contract extensions, the Board of Directors is relying on continuity in the proven leadership of Dimitar Dimitrov and Wolfgang Kirsch as Co-CEOs to continue the Shelly Group’s growth trajectory.

Christoph Vilanek, Chairman of the Board of Directors of Shelly Group: ”I am delighted that Dimitar Dimitrov and Wolfgang Kirsch will continue to contribute their expertise and experience to the further development of the Shelly Group. They have proven to be key pillars of the company's success in recent years. Under the leadership of Dimitar Dimitrov and Wolfgang Kirsch, we will continue our successful growth trajectory.”

For further information, please visit corporate.shelly.com.

About Shelly Group

Shelly Group SE is a technology holding company that stands for innovation through the development, manufacture, and distribution of high-quality IoT products. End users and their needs are always at the heart of development. Shelly Group was founded in Bulgaria and works with a team of young, talented developers who are dedicated to producing competitive and user-friendly products. The Group consists of 6 subsidiary companies and has offices in Bulgaria, Germany, and Slovenia as well as in China and USA. Shelly Group’s products have already conquered over 100 markets. Shelly Group AD has been listed on the Bulgarian Stock Exchange since December 2016 and on the Frankfurt Stock Exchange as of November 2021 where its shares are traded under GSIN A2DGX9, ISIN BG1100003166, ticker SLYG.

Investor Relations Contact

CROSS ALLIANCE communication GmbH
Sven Pauly
Phone: +49 (0) 89-1250903-31
Email: sp@crossalliance.de
www.crossalliance.de



20.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Shelly Group SE
51 Cherny Vrah Bldv., Office building 3, Floor 2 and 3
1407 Sofia
Bulgaria
E-mail: investors@shelly.com
Internet: www.corporate.shelly.com
ISIN: BG1100003166
WKN: A2DGX9
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart
EQS News ID: 2088825

 
End of News EQS News Service

2088825  20.02.2025 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=2088825&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f

Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2019 2020 2021 2022 2023 2024 2025e
Sales1 17,11 23,69 30,55 48,10 74,90 106,71 152,00
EBITDA1,2 0,46 8,26 10,10 10,90 21,20 26,81 41,00
EBITDA-Margin3 2,69 34,87 33,06 22,66 28,30 25,12 26,97
EBIT1,4 0,05 8,08 9,56 10,40 19,10 25,80 38,00
EBIT-Margin5 0,29 34,11 31,29 21,62 25,50 24,18 25,00
Net Profit (Loss)1 3,73 6,87 8,16 8,90 16,80 22,88 30,60
Net-Margin6 21,80 29,00 26,71 18,50 22,43 21,44 20,13
Cashflow1,7 3,25 2,07 4,15 0,20 7,70 2,75 9,50
Earnings per share8 0,20 0,38 0,45 0,49 0,93 1,26 1,72
Dividend per share8 0,00 0,10 0,05 0,07 0,13 0,13 0,15
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: Primorska Audit Company

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
Shelly Group
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A2DGX9 BG1100003166 SE 1.004,40 Mio € 22.11.2021 Kaufen 8GJ5J8W7+HX
* * *
PE 2026e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
26,57 27,07 0,98 103,33 13,31 365,37 9,41
Dividends
Dividend '2023
in €
Dividend '2024
in €
Dividend '2025e
in €
Div.-Yield '2025e
in %
0,13 0,13 0,15 0,27%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
02.06.2025 14.05.2025 15.08.2025 12.11.2025 15.04.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+1,82%
55,80 €
ATH 57,80 €
+3,68% +16,64% +59,43% +63,64% +284,83%

Advertising is an important revenue channel for us. But we understand, that sometimes it becomes annoying. If you want to reduce the number of shown ADs just simply login to your useraccount and manage the settings from there. As registered user you get even more benefits.
          Qualitätsjournalismus · Made in Germany © 2025          
The news manufactory

Good luck with all your investments

Founded in 2013 by Gereon Kruse, the financial portal boersengefluester.de is all about German shares - with a clear focus on second-line stocks. In addition to traditional editorial articles, the site stands out in particular thanks to a large number of self-developed analysis tools. All tools are based on a completely self-maintained database for more than 650 shares. As a result, boersengefluester.de produces Germany's largest profit and dividend forecast.

Contact

Idea & concept: 3R Technologies   
boersengefluester.de GmbH Copyright © 2025 by Gereon Kruse #BGFL