EQS-News: Muehlhan AG: Muehlhan AG publishes results for first nine months of 2023
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EQS-News: Muehlhan AG
/ Key word(s): 9 Month figures
PRESS RELEASE
Muehlhan AG publishes results for first nine months of 2023
Hamburg, October 27, 2023—From January through September 2023, Muehlhan AG (Open Market; ISIN DE000A0KD0F7; WKN A0KD0F) generated revenues of €8.7 million. Of this amount, €5.7 million was attributable to activities in Russia and €2.5 million to the Middle East. EBIT (earnings before interest and taxes) came out negative at €-3.1 million. The income attributable to shareholders of Muehlhan AG after nine months was €-2.5 million. Cash flow from operating activities nearly broke even at €-0.2 million thanks to a positive special effect. A comparison with the prior-year results does not make sense due to the sale of numerous subsidiaries at the end of 2022. Following slightly positive results in the first few months of the year, EBIT in Russia for the period January to September was then slightly negative at €-0.2 million. The effects of the sanctions imposed due to Russia’s war of aggression against Ukraine led to lower revenues and, at the same time, higher costs, for example, for the procurement of materials. In the Middle East, EBIT of €-1.3 million was generated as a result of the significant decline in revenues caused by project start-up costs and costs for the resumption of activities. In the first half of 2023, Muehlhan AG also incurred substantial non-recurring expenses in connection with the settlement of the sale of key subsidiaries last year, the share buyback program, and the provision set up for a legal dispute. For the 2023 financial year as a whole, the Executive Board and Supervisory Board expect to see revenues of between €10 million and €15 million and EBIT of €-3.5 million to €-4.0 million. Muehlhan AG has announced its withdrawal from the stock market (delisting). The last trading day will be December 27, 2023. With effect from October 31, 2023, Mr. Gautam Arya will step down as a member of the Executive Board of Muehlhan AG.
The company’s key performance indicators are shown in the following table:
* Calculated on the basis of 19,500,000 shares, less treasury shares.
About Muehlhan: Muehlhan AG is a listed corporation traded on the Open Market of the Frankfurt Stock Exchange (ISIN: DE000A0KD0F7 / WKN A0KD0F). You can find additional information at www.muehlhan-ag.com Contact: Muehlhan AG; phone: +49 40 75271-0; e-mail: investorrelations@muehlhan.com
27.10.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Muehlhan AG |
| Schlinckstrasse 3 | |
| 21107 Hamburg | |
| Germany | |
| Phone: | +49 40 75271 0 |
| Fax: | +49 40 75271 130 |
| E-mail: | investorrelations@muehlhan.com |
| Internet: | www.muehlhan.com |
| ISIN: | DE000A0KD0F7 |
| WKN: | A0KD0F |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1755505 |
| End of News | EQS News Service |
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1755505 27.10.2023 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 | 267,80 | 295,27 | 260,38 | 298,52 | 288,28 | 14,13 | 16,00 | |
| EBITDA1,2 | 18,31 | 24,51 | 14,40 | 27,21 | 17,86 | -4,16 | 0,02 | |
| EBITDA-Margin3 | 6,84 | 8,30 | 5,53 | 9,12 | 6,20 | -29,44 | 0,13 | |
| EBIT1,4 | 10,06 | 12,40 | 3,04 | 16,74 | 12,74 | -4,28 | 0,02 | |
| EBIT-Margin5 | 3,76 | 4,20 | 1,17 | 5,61 | 4,42 | -30,29 | 0,13 | |
| Net Profit (Loss)1 | 5,52 | 6,25 | 1,27 | 9,79 | 6,37 | -3,79 | -0,01 | |
| Net-Margin6 | 2,06 | 2,12 | 0,49 | 3,28 | 2,21 | -26,82 | -0,06 | |
| Cashflow1,7 | 11,36 | 10,89 | 11,76 | -5,02 | 5,20 | 2,44 | 0,00 | |
| Earnings per share8 | 0,27 | 0,33 | 0,02 | 0,43 | 0,18 | -0,21 | -0,01 | |
| Dividend per share8 | 0,10 | 0,00 | 0,12 | 0,75 | 1,00 | 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: Grant Thornton
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 | ||||||
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| WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
| A0KD0F | DE000A0KD0F7 | AG | 20,16 Mio € | 26.10.2006 | 9F5GG295+H8 | |
| PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 0,00 | 15,13 | 0,00 | 10,58 | 0,67 | 8,26 | 1,43 |
|
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
| 1,00 | 0,00 | 0,00 | 0,00% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 16.07.2024 | 30.06.2024 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| +5,22% | +4,24% | +3,57% | +1,40% | -75,00% |
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