Ernst Russ AG
ISIN: DE000A161077
WKN: A16107
24 June 2024 05:30PM

EQS-News: Ernst Russ AG: Publication of the acceptance rate for the scrip dividend in 2024

Ernst Russ AG · ISIN: DE000A161077 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 1931875

EQS-News: Ernst Russ AG / Key word(s): Dividend/Capital Increase
Ernst Russ AG: Publication of the acceptance rate for the scrip dividend in 2024

24.06.2024 / 17:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


Ernst Russ AG: Publication of the acceptance rate for the scrip dividend in 2024

These materials are not an offer of the solicitation of an offer for securities for sale in the United States. The subscription rights and the shares referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended ("Securities Act"). The subscription rights may only be exercised, and the new shares may only be offered or sold, pursuant to an exemption from, or in transactions not subject to, the registration requirement of the Securities Act.

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN.

Hamburg, 24 June 2024 - Ernst Russ AG again offered its shareholders a stock dividend for the 2023 financial year. Shareholders thus had the opportunity to choose between receiving their dividend in cash or shares, in full or in part, during the subscription period from 31 May 2024 to 14 June 2024.

In total, shareholders with around 3.0% of the shares entitled to dividends opted to receive their dividend in shares. Shareholders who opted for a cash dividend will receive a total distribution of around EUR 32.5 million. Based on the acceptance rate, 189,025 new shares will be issued, increasing the total number of Ernst Russ shares by approximately 0.6% to 33,689,311 shares in future.

The new shares are expected to be included in trading on the open market of the Frankfurt Stock Exchange (Scale) and the open market of the Hanseatische Wertpapierbörse Hamburg (Mittelstandsbörse Deutschland) on 9 July 2024.

About the Ernst Russ Group: Ernst Russ AG is an internationally operating ship-owner and maritime investment manager based in Hamburg. Parts of the company date back to 1893. The Group currently manages a fleet of 29 fully consolidated vessels. The focus here is on container ships with a capacity of between 700 to 4,200 TEU, complemented by two larger container vessels with approximately 6,600 and 13,400 TEU, respectively, along with a Handysize bulker with 38,000 dwt and a multi-purpose vessel. Ernst Russ AG expands its fleet on an ongoing basis thus ensuring stable and sustainable added value for its shareholders.

Contact:

Ernst Russ AG
Anika Hillmer
Investor Relations
Tel. +49 40 88 88 1 1800
E-Mail: ir@ernst-russ.de


24.06.2024 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.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Ernst Russ AG
Elbchaussee 370
22609 Hamburg
Germany
Phone: +49 (0)40 88881-0
Fax: +49 (0)40 88881-199
E-mail: ir@ernst-russ.de
Internet: www.ernst-russ.de
ISIN: DE000A161077
WKN: A16107
Listed: Regulated Unofficial Market in Berlin, Frankfurt (Scale), Hamburg, Tradegate Exchange
EQS News ID: 1931875

 
End of News EQS News Service

1931875  24.06.2024 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 52,71 58,79 55,57 92,29 191,74 202,67 170,00
EBITDA1,2 8,60 9,00 9,70 40,13 122,29 116,60 89,70
EBITDA-Margin3 16,32 15,31 17,46 43,48 63,78 57,53 52,77
EBIT1,4 3,80 4,00 2,30 30,80 90,10 86,60 59,00
EBIT-Margin5 7,21 6,80 4,14 33,37 46,99 42,73 34,71
Net Profit (Loss)1 6,38 1,77 4,74 26,29 83,90 81,61 50,00
Net-Margin6 12,10 3,01 8,53 28,49 43,76 40,27 29,41
Cashflow1,7 -0,98 12,25 8,03 39,72 98,75 90,18 69,00
Earnings per share8 0,19 0,05 0,12 0,49 1,46 1,66 0,87
Dividend per share8 0,00 0,00 0,00 0,00 0,20 1,00 0,20
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: 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
Ernst Russ
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A16107 DE000A161077 AG 189,61 Mio € 06.10.2005 Kaufen 9F5FGVX3+PC
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
9,59 12,02 0,80 10,84 1,38 2,10 0,94
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,20 1,00 0,20 3,53%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
23.05.2025 21.05.2025 28.08.2025 13.11.2024 25.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-2,75%
5,66 €
ATH 28,68 €
-2,95% -3,07% +38,90% +37,88% -72,39%

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