EQS-Adhoc: Blue Cap AG sells its subsidiary Neschen Coating GmbH to ATP adhesive systems AG and adjusts guidance for financial year 2024 due to transaction
|
EQS-Ad-hoc: Blue Cap AG / Key word(s): Disposal/Investment Munich, October 07, 2024 – Blue Cap AG (“Blue Cap”) today signed an agreement on the sale of its 100% stake in Neschen Coating GmbH (“Neschen”). The buyer is ATP adhesive systems AG (“ATP”), a strategic investor. The total proceeds (before taxes) are in the double-digit million range and around 10% above the net asset value valuation as of June 30, 2024. The sale of the company corresponds to an annual return on invested capital (internal rate of return) of around 44% and means a multiple on the capital invested of around 8x. Neschen, which has been part of Blue Cap since 2016, is an international manufacturer of self-adhesive products and coated media that are used in industrial applications, graphic media and book protection, among others. Taking into account the transaction and the current business development, Blue Cap adjusts its guidance for the full year 2024. Weaker revenue development in some segments is faced by a better than expected result guidance, in particular for con-pearl. For the continuing operations, the Management Board now expects consolidated revenue for the full year 2024 in a range of EUR 200-220 million (previously EUR 270-290 million) and an adjusted(1) EBITDA margin of 9.5-10.5% (previously 8.5-9.5%). (1) Adjustments: Adjusted for extraordinary, out-of-period and other effects from reorganization measures and one-off effects
About Blue Cap AG Blue Cap AG is a Munich-based investment company founded in 2006 and listed on the capital market. The company acquires medium-sized companies from the B2B sector in special situations and supports them in their entrepreneurial development with the aim of selling them profitably at a later date. The acquired companies are headquartered in the DACH region, generate sales of between EUR 20 and 200 million and have a sustainably stable core business. Blue Cap mostly holds majority stakes in eight companies from the Adhesives & Coating Technology, Plastics Technology, Production Technology, Life Sciences and Business Services sectors. The Group currently employs around 1,200 people in Germany and other European countries. Blue Cap AG is listed on the open market (Scale, Frankfurt and m:access, Munich; ISIN: DE000A0JM2M1; ticker symbol: B7E). www.blue-cap.de Contact: Blue Cap AG End of Inside Information
07-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Blue Cap AG |
| Ludwigstraße 11 | |
| 80539 München | |
| Germany | |
| Phone: | +49 89-288 909 0 |
| Fax: | +49 89 288 909 19 |
| E-mail: | ir@blue-cap.de |
| Internet: | www.blue-cap.de |
| ISIN: | DE000A0JM2M1 |
| WKN: | A0JM2M |
| Indices: | Scale 30 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2003385 |
| End of Announcement | EQS News Service |
|
|
2003385 07-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 | 176,11 | 225,67 | 232,00 | 267,35 | 347,51 | 273,32 | 284,00 | |
| EBITDA1,2 | 11,52 | 15,01 | 34,47 | 25,41 | 30,30 | 15,18 | 25,80 | |
| EBITDA-Margin3 | 6,54 | 6,65 | 14,86 | 9,50 | 8,72 | 5,55 | 9,09 | |
| EBIT1,4 | 6,60 | 4,65 | 21,37 | 7,82 | 16,96 | -13,51 | 0,00 | |
| EBIT-Margin5 | 3,75 | 2,06 | 9,21 | 2,93 | 4,88 | -4,94 | 0,00 | |
| Net Profit (Loss)1 | 4,62 | 2,82 | 16,49 | 4,72 | 10,44 | -20,28 | 0,00 | |
| Net-Margin6 | 2,62 | 1,25 | 7,11 | 1,77 | 3,00 | -7,42 | 0,00 | |
| Cashflow1,7 | 0,28 | 1,84 | 12,60 | 12,44 | 16,99 | 19,60 | 0,00 | |
| Earnings per share8 | 1,16 | 0,71 | 4,15 | 1,24 | 2,78 | -4,02 | 0,70 | |
| Dividend per share8 | 0,75 | 0,75 | 1,00 | 0,85 | 0,90 | 0,65 | 0,80 | |
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: Deloitte
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 | ||||||
| Blue Cap | ||||||
| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A0JM2M | DE000A0JM2M1 | AG | 70,43 Mio € | 10.10.2006 | Kaufen | 8FWH4HWH+28 |
| PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 11,63 | 16,68 | 0,70 | 9,04 | 0,87 | 3,59 | 0,26 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 0,90 | 0,65 | 0,80 | 5,10% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 24.06.2024 | 08.05.2024 | 22.08.2024 | 23.10.2024 | 30.04.2024 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -5,40% | -11,45% | -11,30% | -10,29% | +223,71% |
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
