EQS-Adhoc: KAP AG STREAMLINES INVESTMENT PORTFOLIO AND SELLS PRECISION COMPONENTS SEGMENT
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EQS-Ad-hoc: KAP AG / Key word(s): Strategic Company Decision/Disposal KAP AG STREAMLINES INVESTMENT PORTFOLIO AND SELLS PRECISION COMPONENTS SEGMENT Fulda, 1 October 2024 – KAP AG (“KAP”), a mid-sized industrial holding company listed on the stock exchange (German securities identification number WKN 620840, ISIN DE0006208408), today concluded an agreement on the sale of all material parts of the precision components segment to the current management under a management buy-out (MBO). The companies to be sold are the three operating investees Präzisionsteile Dresden GmbH & Co. KG, Gear Motion GmbH and BEBUSCH Hungaria Müanyagfeldolgozó Kft. as well as three further management and real estate management companies associated with the investees. The sale will generate proceeds in the single-digit million euro range for KAP, and the buyer will also assume pension and financial obligations. Due to the high level of investment in the precision components segment in recent years, the sale will result in book losses in the double-digit million euro range. These will not be allocated to the operating business performance and therefore have no impact on the 2024 guidance forecast. The transaction is expected to be closed at the end of October 2024. The Management Board
Notifying officer and investor relations contact End of Inside Information
01-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | KAP AG |
| Edelzeller Straße 44 | |
| 36043 Fulda | |
| Germany | |
| Phone: | 06611030 |
| Fax: | 0661103830 |
| E-mail: | office@kap.de |
| Internet: | www.kap.de |
| ISIN: | DE0006208408 |
| WKN: | 620840 |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1998837 |
| End of Announcement | EQS News Service |
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1998837 01-Oct-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 | ||||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
| Sales1 | 389,83 | 372,80 | 322,66 | 345,62 | 433,47 | 316,70 | 325,00 | |
| EBITDA1,2 | 37,90 | 36,17 | 34,14 | 56,58 | 43,51 | 59,56 | 23,00 | |
| EBITDA-Margin3 | 9,72 | 9,70 | 10,58 | 16,37 | 10,04 | 18,81 | 7,08 | |
| EBIT1,4 | 13,84 | -10,58 | 4,18 | 31,43 | 6,63 | 3,07 | -6,00 | |
| EBIT-Margin5 | 3,55 | -2,84 | 1,30 | 9,09 | 1,53 | 0,97 | -1,85 | |
| Net Profit (Loss)1 | 14,75 | -14,12 | -2,68 | 39,86 | -1,69 | -0,11 | -7,95 | |
| Net-Margin6 | 3,78 | -3,79 | -0,83 | 11,53 | -0,39 | -0,04 | -2,45 | |
| Cashflow1,7 | 20,68 | 35,51 | 55,21 | 8,31 | 16,89 | 18,52 | 0,00 | |
| Earnings per share8 | 2,05 | -1,82 | -0,35 | 5,14 | -0,22 | -0,02 | -1,03 | |
| Dividend per share8 | 2,00 | 0,00 | 1,75 | 1,00 | 1,50 | 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: Forvis Mazars
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 | ||||||
| KAP | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| 620840 | DE0006208408 | AG | 73,79 Mio € | 15.05.1987 | Kaufen | 9F2FGMVJ+HC |
| PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 13,57 | 9,83 | 1,38 | 7,79 | 0,47 | 3,99 | 0,22 |
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Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 1,50 | 0,00 | 0,00 | 0,00% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 12.07.2024 | 28.05.2024 | 29.08.2024 | 21.11.2024 | 26.04.2024 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -3,23% | -8,25% | -32,62% | -32,62% | +0,00% |
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