Circus SE
ISIN: DE000A2YN355
WKN: A2YN35
13 December 2024 09:57AM

EQS-News: Circus Launches Fully Autonomous Food Service Using Artificial Intelligence and Robotics in the European Care Market

Circus SE · ISIN: DE000A2YN355 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2050517

EQS-News: Circus SE / Key word(s): Incoming Orders/Miscellaneous
Circus Launches Fully Autonomous Food Service Using Artificial Intelligence and Robotics in the European Care Market

13.12.2024 / 09:57 CET/CEST
The issuer is solely responsible for the content of this announcement.


Circus Launches Fully Autonomous Food Service Using Artificial Intelligence and Robotics in the European Care Market

  • Successful entry into the billion-euro market for nursing and elderly care with the CA-1 robot and CircusAI, enabling personalized menus and automated services to ease the workload of care staff.
     
  • Addressing a key social need with over 30 million people in need of care in Europe, Circus leverages AI and robotics to revolutionize food service in care facilities.

Hamburg, 13. December 2024 – Circus SE (Xetra: CA1), a leading technology company for AI and robotics in the food service sector, can announce the first successful deal with customers from the nursing and elderly care market. With its innovative technology, Circus is setting a new standard for nutrition and care in care facilities.

The growing demand for efficient and high-quality care poses major challenges for the industry. With its AI-based robots, Circus offers a solution that not only reduces the workload of workers, but also ensures healthy and personalised nutrition. The robots use artificial intelligence to fully automatically prepare fresh meals every day, personalised to individual needs - from preparation to serving.

Circus’ AI robots use artificial intelligence and machine learning to adapt to the nutritional needs and preferences of each user. Whether it's diabetic food, lactose-free dishes or a high-protein diet - the robots create personalised menus and guarantee the highest quality and hygiene.

“Our aim is not only to improve the quality of catering in the care sector, but also to significantly reduce the workload of care staff,” says Nikolas Bullwinkel, CEO of Circus SE. “With our autonomous cooking robots, we are now creating time for the first customers in the care sector, such as Diakonie, for what really counts: human care.”

According to recent studies, there are around 4.5 million people in need of care in Germany. In Europe, the number of people in need of care is around 30 million, a significant proportion of whom are cared for in residential facilities. The market for nursing and elderly care in Europe is estimated to be worth over 500 billion euros, with demand for innovative technologies growing rapidly. With its technology based on artificial intelligence and robotics, Circus is ideally positioned to make a decisive contribution to this growing market.

In addition to relieving the burden on care staff and optimising nutrition, Circus technologies contribute to digitalisation and increased efficiency in the healthcare sector. This emphasises the company's mission to overcome social challenges by using state-of-the-art technologies.

 

About Circus Group

Circus SE (XETRA: CA1) is a global leader in AI solutions and autonomous robotics, transforming the EUR 2.6 trillion food service sector through full autonomy. With its proprietary AI platform, CircusAI, and the world’s first commercially viable AI-robot in food service, CA-1, Circus is pioneering AI in food service to address industry-wide labor shortages.

Contact:
Circus SE
Hongkongstrasse 6
20457 Hamburg
press@circus-group.com

Investor Relations Contact
Maximilian Hartweg
Head of Corporate Development
ir@circus-group.com 
Press Contact
Florian Anders
Head of Corporate Communications
press@circus-group.com

 

 



13.12.2024 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.
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Language: English
Company: Circus SE
Hongkongstrasse 6
20457 Hamburg
Germany
E-mail: ir@circus-group.com
Internet: https://www.circus-group.com/for-investors
ISIN: DE000A2YN355
WKN: A2YN35
Listed: Regulated Unofficial Market in Frankfurt, Munich (m:access)
EQS News ID: 2050517

 
End of News EQS News Service

2050517  13.12.2024 CET/CEST

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The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 0,00 0,00 0,00 0,00 0,00 0,64 1,40
EBITDA1,2 0,00 0,00 0,00 0,00 0,00 -4,05 -10,00
EBITDA-Margin3 0,00 0,00 0,00 0,00 0,00 -632,81 -714,29
EBIT1,4 0,00 0,00 0,00 0,00 0,00 -3,30 -11,00
EBIT-Margin5 0,00 0,00 0,00 0,00 0,00 -515,63 -785,71
Net Profit (Loss)1 0,00 0,00 0,00 0,00 0,00 -4,97 -11,50
Net-Margin6 0,00 0,00 0,00 0,00 0,00 -776,56 -821,43
Cashflow1,7 0,00 0,00 0,00 0,00 0,00 -6,03 -10,00
Earnings per share8 0,00 0,00 0,00 0,00 0,00 -0,22 -0,50
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: Bansbach

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INVESTOR-INFORMATION
©boersengefluester.de
Circus
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A2YN35 DE000A2YN355 SE 606,22 Mio € 22.12.2023 9F5GG2V2+2F
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
0,00 6,49 0,00 -59,56 34,37 -100,53 954,67
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
16.08.2024 30.06.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-3,60%
26,80 €
ATH 36,00 €
+14,61% +30,77% +0,00% +0,00% +2.428,30%

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