EQS-News: Masterflex signs new syndicated loan for EUR 55 million – refinancing creates more strategic flexibility
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EQS-News: Masterflex SE
/ Key word(s): Financing
Masterflex signs new syndicated loan for EUR 55 million – refinancing creates more strategic flexibility
Gelsenkirchen, September 17, 2024 – Masterflex SE (ISIN: DE0005492938) has secured a new syndicated loan of EUR 55 million, thereby increasing its financial flexibility. The closing is scheduled for September 30, 2024. There is also an option to increase the loan by an additional EUR 25 million. The syndicated loan will be used to finance general corporate purposes, in particular M&A, and it thus strengthens the Masterflex Group's financing foundation. Dr Andreas Bastin, CEO of Masterflex SE, says: “The new syndicated loan agreement gives us the necessary flexibility for the further implementation of our future strategy “Hero@Zero” and expands our room for future-oriented investments and M&A activities.” The loan agreement was reached with the existing syndicate of three banks on September 16, 2024. The new syndicated credit line has a term of five years and can be extended by two years. As before, the new agreement includes the usual covenants for the equity ratio and the debt/equity ratio. The new loan conditions, in particular the interest rate and the lower level of collaterals, reflect the Group's improved credit rating. Mark Becks, CFO of Masterflex SE, adds: “We are delighted with the trust placed in us by our financing partners, with whom we have been working closely and with a forward-looking approach for many years. With the successful refinancing, we are taking an important step towards optimising and simplifying our financing structure and are also reaping the rewards of our positive economic development on the financing side.” The Masterflex Group specializes in the development and manufacture of sophisticated connection and hose systems. With 14 operating units in Europe, America and Asia, the Group is represented almost worldwide. Growth drivers are internationalization, innovation, operational excellence and digitalization. Masterflex shares (GSIN: 549293, ISIN: DE0005492938) have been listed in the Prime Standard of the German Stock Exchange since 2000. IR Contact:
17.09.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Masterflex SE |
| Willy-Brandt-Allee 300 | |
| 45891 Gelsenkirchen | |
| Germany | |
| Phone: | +49 (0)209 970770 |
| Fax: | +49 (0)209 9707733 |
| E-mail: | info@masterflexgroup.com |
| Internet: | www.MasterflexGroup.com |
| ISIN: | DE0005492938 |
| WKN: | 549 293 |
| Indices: | Prime all share |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1989099 |
| End of News | EQS News Service |
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1989099 17.09.2024 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 | 2024e | 2025e | ||
| Sales1 | 79,97 | 71,88 | 79,07 | 100,27 | 101,12 | 101,00 | 0,00 | |
| EBITDA1,2 | 9,66 | 7,89 | 10,67 | 16,44 | 17,87 | 18,25 | 0,00 | |
| EBITDA-Margin3 | 12,08 | 10,98 | 13,49 | 16,40 | 17,67 | 18,07 | 0,00 | |
| EBIT1,4 | 4,54 | 2,34 | 5,34 | 11,39 | 12,30 | 13,10 | 0,00 | |
| EBIT-Margin5 | 5,68 | 3,26 | 6,75 | 11,36 | 12,16 | 12,97 | 0,00 | |
| Net Profit (Loss)1 | 2,44 | 0,80 | 3,30 | 7,83 | 8,04 | 8,40 | 0,00 | |
| Net-Margin6 | 3,05 | 1,11 | 4,17 | 7,81 | 7,95 | 8,32 | 0,00 | |
| Cashflow1,7 | 6,60 | 11,55 | 6,81 | 10,11 | 12,36 | 14,00 | 0,00 | |
| Earnings per share8 | 0,26 | 0,08 | 0,34 | 0,81 | 0,83 | 0,84 | 0,93 | |
| Dividend per share8 | 0,07 | 0,08 | 0,12 | 0,20 | 0,25 | 0,25 | 0,25 | |
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: BDO
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 | ||||||
| Masterflex | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| 549293 | DE0005492938 | SE | 92,84 Mio € | 16.06.2000 | Kaufen | 9F39G4X2+84 |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 9,62 | 15,71 | 0,61 | 20,52 | 1,57 | 7,51 | 0,92 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 0,20 | 0,25 | 0,25 | 2,63% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 12.06.2025 | 07.05.2025 | 06.08.2025 | 06.11.2024 | 28.03.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| +6,39% | -4,38% | +1,49% | +10,70% | +0,00% |
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