EQS-News: Ernst Russ AG sells MV “Mirror”
|
EQS-News: Ernst Russ AG
/ Key word(s): Disposal
Sale of 2007-built 803 TEU feeder vessel continues active portfolio management Hamburg, 2 November 2026 – Ernst Russ AG sold the container vessel MV “Mirror”. The vessel, built in 2007 with a capacity of 803 TEU, is scheduled to be handed over to its new owner in January 2027. The parties have agreed not to disclose the purchase price. As the handover will not take place until 2027, the sale has no impact on the assets, financial position and earnings for the 2026 financial year. Earlier this year, the company sold the container vessels MV “EF Emira” and MV “EF Emma” while expanding its fleet with multipurpose vessels and product-/chemical tankers. The most recent example is the delivery of the newbuild MT “Farrie Russ” on 27 October 2026. With these steps, Ernst Russ is pursuing the goal of a diversified, modern fleet with a balanced risk profile in terms of vessel segments, charter durations and counterparts. Long-term charters strengthen the charter backlog and the predictability of revenues. “The sale of MV ‘Mirror’ reflects the disciplined approach we take in developing the Ernst Russ AG fleet,” says Joseph Schuchmann, Co-CEO and Chief Commercial Officer of Ernst Russ AG. “This includes parting with existing vessels at the right time and adding new tonnage just as selectively. We continuously monitor the market and assess both sale and acquisition opportunities.” Ernst Russ AG’s Nine-Month Report 2026 and the investor presentation for the third quarter of 2026 will be published on 12 November 2026. Management will present the results in an earnings call and will be available to answer questions from investors, analysts and members of the press. The webcast can be accessed on 12 November 2026 at 10:00 AM (CET) via the following link: Registration Earnings Call About Ernst Russ AG: Ernst Russ AG is a publicly listed shipowner based in Hamburg, with roots tracing back to 1893. The goal is to operate a sustainable and well-diversified fleet with a balanced risk distribution in terms of employment durations and counterparts. The existing fleet comprises container vessels of various size classes, complemented by multipurpose vessels, product-/chemical tankers and a handysize bulker. In addition, the group holds an acquisition pipeline with newbuildings scheduled for delivery in the coming years, which will strategically advance the fleet's development. Contact: Ernst Russ AGAnika Hillmer Investor Relations Tel. +49 40 88 88 1 211 E-Mail: ir@ernst-russ.de
02.11.2026 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
| Language: | English |
| Company: | Ernst Russ AG |
| Elbchaussee 370 | |
| 22609 Hamburg | |
| Germany | |
| Phone: | +49 (0)40 88881-0 |
| Fax: | +49 (0)40 88881-499 |
| E-mail: | ir@ernst-russ.de |
| Internet: | www.ernst-russ.de |
| ISIN: | DE000A161077 |
| WKN: | A16107 |
| Listed: | Regulated Unofficial Market in Frankfurt (Scale), Hamburg, Tradegate BSX |
| LEI Code: | 529900MP0OZ3LL80MX76 |
| EQS News ID: | 2426136 |
| End of News | EQS News Service |
|
|
2426136 02.11.2026 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 | ||||||||
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026e | ||
| Sales1 | 55,57 | 92,29 | 191,74 | 202,67 | 172,72 | 158,07 | 156,00 | |
| EBITDA1,2 | 9,70 | 40,13 | 122,29 | 116,60 | 93,00 | 126,20 | 86,00 | |
| EBITDA-Margin3 | 17,46 | 43,48 | 63,78 | 57,53 | 53,84 | 79,84 | 55,13 | |
| EBIT1,4 | 2,30 | 30,80 | 90,10 | 86,60 | 67,70 | 126,20 | 61,00 | |
| EBIT-Margin5 | 4,14 | 33,37 | 46,99 | 42,73 | 39,20 | 79,84 | 39,10 | |
| Net Profit (Loss)1 | 4,74 | 26,29 | 83,90 | 81,61 | 71,78 | 99,81 | 41,00 | |
| Net-Margin6 | 8,53 | 28,49 | 43,76 | 40,27 | 41,56 | 63,14 | 26,28 | |
| Cashflow1,7 | 8,03 | 39,72 | 98,75 | 90,18 | 98,47 | 86,09 | 57,00 | |
| Earnings per share8 | 0,12 | 0,49 | 1,46 | 1,66 | 1,26 | 2,18 | 1,20 | |
| Dividend per share8 | 0,00 | 0,00 | 0,20 | 1,00 | 0,20 | 0,25 | 0,28 | |
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 | 299,16 Mio € | 06.10.2005 | Kaufen | 9F5FGVX3+PC |
| PE 2027e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
| 9,98 | 7,43 | 1,34 | 10,17 | 1,25 | 3,44 | 1,89 |
|
Dividend '2024 in € |
Dividend '2025 in € |
Dividend '2026e in € |
Div.-Yield '2026e in % |
| 0,20 | 0,25 | 0,28 | 3,15% |
| Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
| 04.06.2026 | 28.05.2026 | 25.08.2026 | 12.11.2026 | 25.03.2026 |
| Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
| -2,25% | +8,52% | +27,59% | +30,21% | -56,68% |
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
