IBU-tec advanced materials AG
ISIN: DE000A0XYHT5
WKN: A0XYHT
08 October 2024 09:09AM

EQS-News: IBU-tec advanced materials AG Battery Materials Breakthrough! Multimillion Euro LFP Order for Global Automotive Group Secured

IBU-tec advanced materials AG · ISIN: DE000A0XYHT5 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2003715

EQS-News: IBU-tec advanced materials AG / Key word(s): Incoming Orders
IBU-tec advanced materials AG Battery Materials Breakthrough! Multimillion Euro LFP Order for Global Automotive Group Secured

08.10.2024 / 09:09 CET/CEST
The issuer is solely responsible for the content of this announcement.


Corporate News

IBU-tec advanced materials AG Battery Materials Breakthrough! Multimillion Euro LFP Order for Global Automotive Group Secured

  • IBUvolt® LFP402 development and production order contracted for global automotive player
  • Order volume in mid-single-digit million-euro range
  • Orders to positively impact 2024 fiscal year
  • Firm commitment to increased future cooperation agreed

Weimar, October 8, 2024 – IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) has signed two extensive contracts for the further development and production of LFP cathode material on behalf of a global automotive group. Under the development contract, IBU-tec will optimize its IBUvolt® LFP402 battery material for specific e-mobility applications for the major customer. In addition, the automotive partner has placed a scaling order for the production of LFP402 for e-mobility. The total volume of the two orders is in the mid single-digit million Euro range. The orders will have a positive impact on IBU-tec's financial year 2024. IBU-tec is currently in advanced discussions with the partner to expand the cooperation. With these two orders, IBU-tec significantly expands its strong market position as one of the world's leading battery manufacturers and the only LFP manufacturer in Europe.

Ulrich Weitz, founder of IBU-tec and responsible for battery business at IBUvolt battery materials GmbH: "This is a huge step forward for the IBU-tec Group! We're turning our already strong market position in LFP battery materials into a commercial success story. The latest orders show that global automotive and battery cell manufacturers are convinced of the exceptional quality of our battery products. We're excited to see what the future holds as we expand our partnership with this global player!"

IBUvolt® LFP402 is a brand-new, game-changing product from IBU-tec that hit the market in the first quarter of 2024. It has a CO2 footprint that is around 40 percent lower than conventional battery materials, making it a sustainable choice for a greener future. Since its launch, IBU-tec has seen a surge in demand for this revolutionary cathode material, especially from automotive and battery cell manufacturers.

Jörg Leinenbach, CEO of IBU-tec: "By collaborating with the global automaker, we are taking an important step to continue our dynamic growth in battery materials. Battery materials are the clear growth driver of our Group, as the current partnership shows more than ever. We are therefore continuing to adhere to our growth strategy IBU2025."

About IBU-tec

The IBU-tec Group develops and produces innovative materials of the highest quality for industry. In doing so, it combines unique, partly patent-protected thermal process technology with the process and material know-how of around 230 highly qualified employees.

The company's own products include LFP battery material, which is an important component of batteries for electromobility and stationary energy storage, as well as solutions for air purification, resource conservation and the reduction of plastic packaging. IBU-tec is thus positioned in the long term in global megatrends – especially climate and environmental protection – and has an international customer base ranging from innovative medium-sized companies to global corporations.

Contact

edicto GmbH
Axel Mühlhaus
Eschersheimer Landstraße 42-44
60322 Frankfurt
t +49 69 905505-52
IBU-tec@edicto.de



08.10.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: IBU-tec advanced materials AG
Hainweg 9-10
99425 Weimar
Germany
Phone: +49 (0)3643 - 8649-0
Fax: +49 (0)3643 - 8649-30
E-mail: mail@ibu-tec.de
Internet: www.ibu-tec.de
ISIN: DE000A0XYHT5
WKN: A0XYHT
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2003715

 
End of News EQS News Service

2003715  08.10.2024 CET/CEST

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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 46,57 48,45 32,96 44,09 53,94 48,23 50,00
EBITDA1,2 6,91 7,12 6,98 5,53 6,69 2,96 0,75
EBITDA-Margin3 14,84 14,70 21,18 12,54 12,40 6,14 1,50
EBIT1,4 2,55 1,95 2,08 0,94 1,94 -1,79 -4,10
EBIT-Margin5 5,48 4,03 6,31 2,13 3,60 -3,71 -8,20
Net Profit (Loss)1 2,33 0,87 1,00 -0,24 1,29 -2,49 -5,00
Net-Margin6 5,00 1,80 3,03 -0,54 2,39 -5,16 -10,00
Cashflow1,7 3,31 4,23 4,47 -1,13 -3,27 2,41 1,30
Earnings per share8 0,35 0,22 0,25 -0,05 0,27 -0,52 -1,05
Dividend per share8 0,20 0,00 0,00 0,00 0,04 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

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

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INVESTOR-INFORMATION
©boersengefluester.de
IBU-tec advanced materials
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A0XYHT DE000A0XYHT5 AG 32,21 Mio € 30.03.2017 Kaufen 9F2HX942+RG
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
18,83 41,14 0,46 37,25 0,60 13,35 0,67
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,04 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
30.04.2025 27.08.2024 19.11.2024 21.03.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-3,97%
6,78 €
ATH 60,40 €
-24,04% -34,64% -62,46% -60,12% -58,91%

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