EQS-Adhoc: Allane SE: Change in the recognition of expenses from an extraordinary depreciation resulting from residual and fair value differences
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EQS-Ad-hoc: Allane SE / Key word(s): Half Year Results Allane SE: Change in the recognition of expenses from an extraordinary depreciation resulting from residual and fair value differences Pullach, 12 August 2024 – The Management Board of Allane SE has decided to apply the Group's internal accounting method for the recognition of impairment losses on leased assets with effect from 30 June 2024. With this change, Allane SE is adapting its accounting method to the accounting standards of its parent company in order to achieve Group-wide standardization. The change stipulates that the amortization of any difference between the residual value from the initial lease calculation and the expected market value of the vehicles, which Allane SE estimates based on data from an external market provider, is no longer recognized immediately in full, but is recognized pro rata over the remaining term of the lease. This change leads to a lower level of impairment losses and therefore has a positive effect on EBT. As part of the 2024 half-year reporting, Allane SE would have had to increase the accumulated impairment loss on leased assets to EUR 42.1 million. The need for this further extraordinary impairment mainly resulted from the market-related decline in expected used car prices, particularly for electric vehicles. Due to the combined effect of the two factors described above, the cumulative impairment loss on leased assets amounts to EUR 10.1 million as at 30 June 2024. Based on preliminary figures, Allane SE expects consolidated sales of EUR 359.5 million for the first half of 2024, a Group contract portfolio as of 30 June 2024 of 133,800 contracts and a group EBT of EUR 7.6 million. Taking into account both extraordinary effects, Allane SE still expects a group EBT for the 2024 financial year in the high single-digit million-euro range.
End of Inside Information
12-Aug-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Allane SE |
| Dr.-Carl-v.-Linde-Str. 2 | |
| 82049 Pullach | |
| Germany | |
| Phone: | +49 (0)89 7080 81 610 |
| E-mail: | ir@allane.com |
| Internet: | http://ir.allane-mobility-group.com |
| ISIN: | DE000A0DPRE6, DE000A2DADR6, DE000A2LQKV2 |
| WKN: | A0DPRE |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
| EQS News ID: | 1966151 |
| End of Announcement | EQS News Service |
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1966151 12-Aug-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 | 805,80 | 824,43 | 747,72 | 740,45 | 571,12 | 619,24 | 459,00 | |
| EBITDA1,2 | 240,83 | 232,68 | 211,42 | 184,01 | 185,10 | 221,01 | 0,00 | |
| EBITDA-Margin3 | 29,89 | 28,22 | 28,28 | 24,85 | 32,41 | 35,69 | 0,00 | |
| EBIT1,4 | 43,75 | 41,35 | 20,19 | 12,99 | 17,03 | 28,62 | 0,00 | |
| EBIT-Margin5 | 5,43 | 5,02 | 2,70 | 1,75 | 2,98 | 4,62 | 0,00 | |
| Net Profit (Loss)1 | 21,95 | 21,51 | 2,17 | 5,84 | 9,02 | 8,85 | -46,00 | |
| Net-Margin6 | 2,72 | 2,61 | 0,29 | 0,79 | 1,58 | 1,43 | -10,02 | |
| Cashflow1,7 | 43,60 | 107,09 | 41,10 | 157,91 | 14,13 | -338,06 | 0,00 | |
| Earnings per share8 | 1,07 | 1,40 | 0,11 | 0,28 | 0,44 | 0,43 | -2,20 | |
| Dividend per share8 | 0,48 | 0,90 | 0,02 | 0,06 | 0,09 | 0,09 | 0,09 | |
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: PricewaterhouseCoopers
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 | ||||||
| Allane | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A0DPRE | DE000A0DPRE6 | SE | 200,96 Mio € | 07.05.2015 | - | 8FWH2GV6+9X |
| PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 19,90 | 17,24 | 1,15 | 13,12 | 0,86 | -0,59 | 0,32 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 0,09 | 0,09 | 0,09 | 0,92% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 27.06.2024 | 10.05.2024 | 23.08.2024 | 08.11.2024 | 30.04.2024 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -1,52% | -6,66% | -12,95% | -13,72% | -51,25% |
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