Softing AG
ISIN: DE0005178008
WKN: 517800
12 December 2024 02:40PM

EQS-Adhoc: Softing AG Revises Full-Year Guidance

Softing AG · ISIN: DE0005178008 · EQS - adhoc news
Country: Germany · Primary market: Germany · EQS NID: 2050219

EQS-Ad-hoc: Softing AG / Key word(s): Change in Forecast
Softing AG Revises Full-Year Guidance

12-Dec-2024 / 14:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


The Executive Board of Softing AG expected to achieve for the year 2024 a sales volume of EUR 105 million and an operating EBIT of approximately EUR 4 million.

As previously communicated, the achievement of these targets depended on the realization of individual large-volume and high-margin businesses. Due to a sharp decline in the business of our automotive and industrial customers, they are cancelling planned investments or postponing them into the year 2025.

As a result of the weakend customer demand, the Management Board considers the previous sales and earnings expectations to be no longer achievable.

The Management Board now expects revenues of between EUR 90 million and EUR 95 million, an operating EBIT of between EUR 2 million and EUR 2.5 million and a break-even EBIT.




Contact:
Dr. Wolfgang Trier
CEO


End of Inside Information

12-Dec-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Softing AG
Richard-Reitzner-Allee 6
85540 Haar
Germany
Phone: +49 (0)89 456 56-333
Fax: +49 (0)89 456 56-399
E-mail: InvestorRelations@softing.com
Internet: www.softing.com
ISIN: DE0005178008
WKN: 517800
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2050219

 
End of Announcement EQS News Service

2050219  12-Dec-2024 CET/CEST

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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
  2018 2019 2020 2021 2022 2023 2024e
Sales1 83,89 91,07 77,60 84,69 98,31 112,60 91,00
EBITDA1,2 9,02 12,12 7,76 9,07 9,73 13,92 8,90
EBITDA-Margin3 10,75 13,31 10,00 10,71 9,90 12,36 9,78
EBIT1,4 4,08 4,30 -3,93 -0,48 0,76 -2,72 0,10
EBIT-Margin5 4,86 4,72 -5,06 -0,57 0,77 -2,42 0,11
Net Profit (Loss)1 3,33 2,93 -4,58 -0,07 -1,18 -5,71 -1,15
Net-Margin6 3,97 3,22 -5,90 -0,08 -1,20 -5,07 -1,26
Cashflow1,7 9,43 10,37 4,91 11,05 3,82 9,10 8,60
Earnings per share8 0,38 0,31 -0,50 0,01 -0,13 -0,63 -0,12
Dividend per share8 0,13 0,04 0,04 0,10 0,10 0,13 0,00
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: Rödl & Partner

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
Softing
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
517800 DE0005178008 AG 30,17 Mio € 16.05.2000 Halten 8FWH4P7M+V8
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
15,20 19,01 0,80 23,94 0,62 3,32 0,27
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,10 0,13 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
08.05.2024 07.05.2024 14.08.2024 12.11.2024 28.03.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+0,00%
3,04 €
ATH 30,98 €
-20,92% -33,57% -43,70% -43,18% -79,03%

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