EQS-Adhoc: CENIT AG: Preliminary financial statements for the fiscal year 2024
|
EQS-Ad-hoc: CENIT AG / Key word(s): Preliminary Results Stuttgart, February 20, 2025 - Due to new insights during the process of preparing the annual financial statements 2024, CENIT AG publishes results of the preliminary financial statements and hereby corrects the forecast for the business year 2024. CENIT AG generated consolidated group revenues of EUR 207 million in the 2024 financial year. This represents an increase in sales of 12.2% compared to the previous year. EBITDA increased by 3.4% to EUR 17 million compared to the previous year. EBITDA is therefore lower than the forecast published at the end of October 2024. At that time, we projected EBITDA to be in a range of EUR 17.9 million to EUR 18.4 million. Due to this discrepancy, we have decided to now publish figures from the preliminary financial statements. In the forecast for the 2024 financial year published at the end of October 2024, the Management Board already pointed out that it does not expect the usual jump in earnings for Q4 to take place. This is due to the gloomy overall economic situation in France and Germany and the increased switch from single license sales to the Saas model. As already reported, CENIT AG is continuing to restructure the organization and has already achieved significant cost reductions for the 2024 financial year. The further restructuring of the organization is currently the focus of the Management Board and the management team. Therefore, the expenses for the restructuring of the organization have already been included in parts of the annual financial statements for the 2024 financial year and provisions have been made. Our preliminary EBIT differs from the EBIT forecast of EUR 8 to 8.5 million in a range of EUR 7.2 to 7.4 million, particularly due to the addition of these provisions. We have agreed to provide a range for the preliminary EBIT as the auditors' review had not yet been completed at the time the preliminary figures were reported. The Management Board will publish the revenue and earnings forecast for the 2025 financial year as part of the reporting of the final annual financial statements for 2024.
Contact: Investor Relations Tanja Marinovic Telefon: +49 (0) 711 - 78 25 3320 Fax: +49 (0) 711 - 78 25 44 4320 E-Mail: t.marinovic@cenit.com End of Inside Information
20-Feb-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | CENIT AG |
| Industriestraße 52 - 54 | |
| 70565 Stuttgart | |
| Germany | |
| Phone: | +49 (0)711 78 25 - 30 |
| Fax: | +49 (0)711 78 25 - 4000 |
| E-mail: | aktie@cenit.de |
| Internet: | www.cenit.com |
| ISIN: | DE0005407100 |
| WKN: | 540710 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2089025 |
| End of Announcement | EQS News Service |
|
|
2089025 20-Feb-2025 CET/CEST
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 | 171,71 | 147,24 | 146,07 | 162,15 | 184,72 | 207,33 | 207,00 | |
| EBITDA1,2 | 15,24 | 9,59 | 11,27 | 11,94 | 16,41 | 17,26 | 9,30 | |
| EBITDA-Margin3 | 8,88 | 6,51 | 7,72 | 7,36 | 8,88 | 8,33 | 4,49 | |
| EBIT1,4 | 9,20 | 3,63 | 6,23 | 6,31 | 9,22 | 7,38 | -0,80 | |
| EBIT-Margin5 | 5,36 | 2,47 | 4,27 | 3,89 | 4,99 | 3,56 | -0,39 | |
| Net Profit (Loss)1 | 6,96 | 2,92 | 4,35 | 6,61 | 4,99 | -1,57 | -3,60 | |
| Net-Margin6 | 4,05 | 1,98 | 2,98 | 4,08 | 2,70 | -0,76 | -1,74 | |
| Cashflow1,7 | 11,68 | 12,28 | 8,24 | 11,49 | 5,33 | 10,34 | 11,00 | |
| Earnings per share8 | 0,82 | 0,28 | 0,51 | 0,75 | 0,54 | -0,23 | -0,42 | |
| Dividend per share8 | 0,00 | 0,47 | 0,75 | 0,50 | 0,04 | 0,00 | 0,00 | |
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: Grant Thornton
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 | ||||||
| Cenit | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| 540710 | DE0005407100 | AG | 61,09 Mio € | 06.05.1998 | Kaufen | 8FWFP4FF+9R |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 20,28 | 23,32 | 0,87 | 14,01 | 1,65 | 11,46 | 0,29 |
|
Dividend '2023 in € |
Dividend '2024 in € |
Dividend '2025e in € |
Div.-Yield '2025e in % |
| 0,04 | 0,00 | 0,00 | 0,00% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 04.06.2025 | 14.05.2025 | 01.08.2025 | 04.11.2025 | 10.04.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| +2,51% | -6,60% | +0,69% | -4,58% | -8,62% |
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
