Knaus Tabbert AG
ISIN: DE000A2YN504
WKN: A2YN50
28 November 2024 09:15AM

EQS-News: Knaus Tabbert Announces Leadership Changes and Reinforced Commitment to Organizational Excellence

Knaus Tabbert AG · ISIN: DE000A2YN504 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2039971

EQS-News: Knaus Tabbert AG / Key word(s): Personnel/Strategic Company Decision
Knaus Tabbert Announces Leadership Changes and Reinforced Commitment to Organizational Excellence

28.11.2024 / 09:15 CET/CEST
The issuer is solely responsible for the content of this announcement.


Following our ad hoc announcements yesterday and earlier this morning, Knaus Tabbert AG wishes to provide further details on the investigation by the public prosecutor and updates regarding the most recent decision by the Supervisory Board.
The Supervisory Board has been informed that two individuals within the company are currently subject to the ongoing investigation. As a result, the Supervisory Board has decided to terminate the contracts of Chief Operating Officer Werner Vaterl and Chief Sales Officer Gerd Adamietzki with immediate effect. Their direct reports will temporarily assume their operating responsibilities.
Regarding the investigation Knaus Tabbert is fully cooperating with the authorities. It is essential to emphasize that the company itself is currently not accused of any wrongdoing and is instead an injured party that has incurred damages. The extent of these damages remains under evaluation. We ask for your understanding that we are unable to provide any further information at early stage of the investigation.
This decision comes during a period of significant transformation. Recently, Wim de Pundert has taken on the dual role of Chief Executive Officer and Chief Financial Officer, marking a change of direction in the company’s journey. In alignment with these changes, we have already initiated efforts to further strengthen our leadership team. This unexpected event will accelerate these efforts.
We have initiated an internal review to identify any underlying causes that may have contributed to this situation. We are committed to implementing additional measures to prevent similar issues in the future, including the enhancement of internal processes and controls.
While this development is undoubtedly a challenge, it reaffirms our commitment to driving meaningful change within Knaus Tabbert and advancing the company’s strategic goals. We remain dedicated to shaping a robust and resilient organization, equipped to deliver on its vision for the future.
 


28.11.2024 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: Knaus Tabbert AG
Helmut-Knaus-Str. 1
94118 Jandelsbrunn
Germany
Phone: +49 (0)8583 / 21-1
Fax: +49 (0)8583 / 21-380
E-mail: info@knaustabbert.de
Internet: www.knaustabbert.de
ISIN: DE000A2YN504
WKN: A2YN50
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 2039971

 
End of News EQS News Service

2039971  28.11.2024 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 728,01 780,39 794,59 862,62 1.049,52 1.441,02 1.300,00
EBITDA1,2 56,71 64,27 66,01 59,44 69,33 123,76 47,00
EBITDA-Margin3 7,79 8,24 8,31 6,89 6,61 8,59 3,62
EBIT1,4 43,22 45,87 46,56 38,39 45,47 95,41 16,00
EBIT-Margin5 5,94 5,88 5,86 4,45 4,33 6,62 1,23
Net Profit (Loss)1 28,62 31,17 31,33 25,90 29,62 60,32 7,00
Net-Margin6 3,93 3,99 3,94 3,00 2,82 4,19 0,54
Cashflow1,7 28,59 44,12 71,03 27,20 2,80 32,10 49,00
Earnings per share8 2,77 3,00 3,02 2,50 2,85 5,81 -2,00
Dividend per share8 1,50 3,00 1,50 1,50 1,50 2,90 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

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
Knaus Tabbert
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A2YN50 DE000A2YN504 AG 125,56 Mio € 23.09.2020 Halten 8FWMPMMR+73
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
26,89 15,61 1,72 5,20 0,77 3,91 0,09
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
1,50 2,90 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
21.06.2024 08.05.2024 08.08.2024 07.11.2024 28.03.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
+0,33%
12,10 €
ATH 73,70 €
-40,99% -63,13% -74,26% -72,87% -79,14%

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