centrotherm international AG
ISIN: DE000A1TNMM9
WKN: A1TNMM
14 March 2024 02:25PM

EQS-News: centrotherm international AG: Preliminary Group figures for 2023 confirm positive business development; Management Board examines strategic financing options to accelerate further growth

centrotherm international AG · ISIN: DE000A1TNMM9 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 1859147

EQS-News: centrotherm international AG / Key word(s): Preliminary Results
centrotherm international AG: Preliminary Group figures for 2023 confirm positive business development; Management Board examines strategic financing options to accelerate further growth

14.03.2024 / 14:25 CET/CEST
The issuer is solely responsible for the content of this announcement.


centrotherm international AG: Preliminary Group figures for 2023 confirm positive business development; Management Board examines strategic financing options to accelerate further growth

Blaubeuren, March 14, 2024 - centrotherm international AG today published preliminary, unaudited figures for the 2023 financial year in an ad hoc announcement. Accordingly, the Management Board anticipates total operating performance of around EUR 195 million with consolidated revenue of over EUR 150 million, and consequently lower total operating performance than forecast (forecast: EUR 220 million to EUR 260 million). In contrast, EBITDA is expected to reach the forecast of a positive EBITDA in the low double-digit million range at EUR 19 million. At around EUR 270 million, the Group's incoming orders will also be within the forecast range of EUR 250 million to EUR 350 million. The order backlog as at December 31, 2023 is expected to total around EUR 540 million.

Based on these positive preliminary business figures for 2023, the Executive Board believes that its strategy has been confirmed overall and has therefore decided today to examine strategic financing options. These options are aimed at further strengthening the company's financial power in order to accelerate its continued growth and further strengthen its market position. To this end, investments, particularly in research & development, the expansion of the product portfolio and in the global service network and customer service, are to be significantly increased. The possible financing options to be examined by the Management Board include, in particular, taking on a new strategic investor, carrying out capital increases, raising debt capital and issuing hybrid financial instruments such as convertible bonds or bonds with warrants.

Jan von Schuckmann, CEO of centrotherm international AG: "We are convinced that the potential expansion of our financial leeway can provide a strong new impetus for centrotherm's future development, and that we can raise our innovative strength and market position to a new level. The timing for this is ideal to set the strategic course for an even stronger centrotherm at an early stage. This is particularly important for the sustainable success of our company and its employees in light of the anticipated global market growth and competitive environment."

In recent years, centrotherm has successfully established itself as a technology provider and supplier of production solutions to leading manufacturers in both the semiconductor and photovoltaic industries. The product portfolio was significantly expanded as part of the sustainable diversification strategy. As a consequence, centrotherm is now the market leader with its product portfolio for high-temperature processes for silicon carbide wafers. Its customer base includes leading global manufacturers in the semiconductor industry. The high demand for sensors and microelectronic components that are used in renewable energies, e-mobility and artificial intelligence applications are key drivers of the positive business trend. centrotherm aims to consistently continue its growth, and to exploit the diverse opportunities arising from its core expertise in thermal production solutions to the best possible extent.

Note: The Annual Report will be published on April 30, 2024. The Annual General Meeting will take place on July 16, 2024.

 

About centrotherm international AG

Thermal production solutions and coating technologies are among centrotherm's core competencies. For more than 70 years we have been developing and implementing production concepts for a constantly growing international customer base. In addition to growth sectors such as the semiconductor and microelectronics industry, as well as photovoltaics, our innovative solutions are also being applied in new future-oriented fields such as fiber or battery production. As a leading, globally active technology group, we work closely with partners from industry and research. We improve existing production concepts and set new trends. In this way, we generate valuable competitive advantages for our customers. Over 650 employees worldwide are working to shape the future - GREEN | SMART | EFFICIENT.

 

centrotherm international AG
Württemberger Str. 31
89143 Blaubeuren

Internet: www.centrotherm.de
German Securities Identification Number (WKN): A1TNMM (bearer shares); A1TNMN (unlisted shares from the non-cash capital increase)
ISIN: DE000A1TNMM9 (bearer shares); DE000A1TNMN7 (unlisted shares from the non-cash
capital increase)
Inclusion: Basic Board, Frankfurt Stock Exchange
Corporate domicile: Germany

 

Contact centrotherm:
Nathalie Albrecht
Manager Public & Investor Relations
Tel: +49 7344 918-6304
E-mail: investor@centrotherm.de

 

 

 



14.03.2024 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: centrotherm international AG
Württemberger Str. 31
89143 Blaubeuren
Germany
Phone: +49 7344 918-0
Fax: +49 7344 918-8388
E-mail: info@centrotherm.de
Internet: www.centrotherm.de
ISIN: DE000A1TNMM9, DE000A1TNMN7
WKN: A1TNMM, A1TNMN
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1859147

 
End of News EQS News Service

1859147  14.03.2024 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 179,95 99,11 107,26 175,60 180,47 151,24 180,00
EBITDA1,2 6,60 -11,43 -7,98 15,53 15,17 19,03 17,00
EBITDA-Margin3 3,67 -11,53 -7,44 8,84 8,41 12,58 9,44
EBIT1,4 3,51 -14,10 -11,05 12,03 11,19 15,08 13,00
EBIT-Margin5 1,95 -14,23 -10,30 6,85 6,20 9,97 7,22
Net Profit (Loss)1 1,96 -16,21 -9,89 11,61 12,02 18,70 11,00
Net-Margin6 1,09 -16,36 -9,22 6,61 6,66 12,36 6,11
Cashflow1,7 -10,04 -5,62 11,31 9,62 30,28 -10,41 0,00
Earnings per share8 0,09 -0,77 -0,47 0,55 0,62 0,88 0,52
Dividend per share8 0,00 0,00 0,00 0,00 0,00 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: Forvis Mazars

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
Centrotherm International
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A1TNMM DE000A1TNMM9 AG 73,86 Mio € 01.10.2007 - 8FWFCQ2P+F8
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
8,12 9,16 0,89 17,28 0,89 -7,09 0,49
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
16.07.2024 08.10.2024 30.04.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+2,35%
3,49 €
ATH 76,00 €
+1,21% -12,01% -27,59% -27,59% -89,88%

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