EQS-News: WashTec AG: Preliminary figures for 2024
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EQS-News: WashTec AG
/ Key word(s): Preliminary Results
WashTec AG preliminary figures for 2024:
Augsburg, February 6, 2025: The WashTec Group announces that, on preliminary figures, it successfully concluded fiscal year 2024. Revenue is anticipated to amount to € 477 million. This represents an expected decrease of around 3% year on year (prior year: €489.5m). The preliminary EBIT of more than €45m increased by around 9% over the prior-year figure of €41.9m and overachieves the guidance of a mid-single-digit percentage growth; the EBIT margin is ca. 9.5% (prior year: 8.6%). The fourth quarter was the second strongest quarter in the company’s history with a revenue of €142m, (after the record quarter Q4 2022 with €144m). This represents an increase of 7% over the fourth quarter of 2023 (€132.8m). The EBIT of the WashTec Group increased during the fourth quarter to a new top value of €18m, representing a 20% growth compared to Q4 2023. The ROCE increased by about 2 percentage points to c. 24%, outperforming the 2024 guidance of ±1 percentage point on the previous year’s ROCE of 21.5%. Free cash flow decreased to €39 million (prior year: €46.1 million). This was particularly due to the high trade receivables at the reporting date as a result of the high quarterly sales at the end of the year compared to the previous year. The number of employees increased by 83 to 1,770 as of December 31, 2024 (prior year: 1,687). The average number of employees at WashTec during the year was 1,715 (prior year: 1,768). The Group’s year-end order backlog remained roughly at the prior year’s level. Group preliminary key figures:
Publication of the full consolidated financial statements with the final figures for fiscal year 2024, including the guidance for the fiscal year 2025, and the associated conference call are planned for March 26, 2025. The Annual General Meeting 2025 will take place on May 13, 2025. About WashTec: The WashTec Group, based in Augsburg, Germany, is the leading provider of innovative solutions for carwash worldwide. WashTec employs around 1,800 people worldwide and has subsidiaries in Europe, North America and Asia/Pacific. WashTec is also represented by independent distributors in around 80 countries. Contact: WashTec AG Investor Relations Argonstrasse 7 86153 Augsburg Phone: +49 (0)821 5584-5555 Email: ir@washtec.com
06.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | WashTec AG |
| Argonstraße 7 | |
| 86153 Augsburg | |
| Germany | |
| Phone: | +49 (0)821 55 84-0 |
| Fax: | +49 (0)821 55 84-1135 |
| E-mail: | washtec@washtec.de |
| Internet: | www.washtec.de |
| ISIN: | DE0007507501 |
| WKN: | 750750 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2081961 |
| End of News | EQS News Service |
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2081961 06.02.2025 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 | 436,48 | 378,67 | 430,53 | 482,24 | 489,47 | 476,89 | 501,00 | |
| EBITDA1,2 | 52,83 | 41,82 | 60,20 | 52,69 | 56,58 | 60,10 | 65,40 | |
| EBITDA-Margin3 | 12,10 | 11,04 | 13,98 | 10,93 | 11,56 | 12,60 | 13,05 | |
| EBIT1,4 | 36,30 | 20,07 | 45,69 | 38,01 | 41,89 | 45,50 | 50,20 | |
| EBIT-Margin5 | 8,32 | 5,30 | 10,61 | 7,88 | 8,56 | 9,54 | 10,02 | |
| Net Profit (Loss)1 | 22,25 | 13,30 | 31,08 | 26,36 | 27,97 | 31,03 | 34,00 | |
| Net-Margin6 | 5,10 | 3,51 | 7,22 | 5,47 | 5,71 | 6,51 | 6,79 | |
| Cashflow1,7 | 21,81 | 46,27 | 45,66 | 22,74 | 61,81 | 49,72 | 56,00 | |
| Earnings per share8 | 1,66 | 0,99 | 2,32 | 1,97 | 2,09 | 2,32 | 2,51 | |
| Dividend per share8 | 0,00 | 2,30 | 2,90 | 2,20 | 2,20 | 2,40 | 2,40 | |
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: KPMG
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 | ||||||
| WashTec | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| 750750 | DE0007507501 | AG | 647,13 Mio € | 12.11.1997 | Kaufen | 8FWG9W96+RM |
| PE 2026e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 17,88 | 24,28 | 0,74 | 20,76 | 16,14 | 13,02 | 1,36 |
|
Dividend '2023 in € |
Dividend '2024 in € |
Dividend '2025e in € |
Div.-Yield '2025e in % |
| 2,20 | 2,40 | 2,40 | 5,18% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 13.05.2025 | 06.05.2025 | 05.08.2025 | 05.11.2025 | 26.03.2025 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| +10,42% | +14,45% | +14,04% | +15,75% | +78,08% |
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