TeamViewer SE
ISIN: DE000A2YN900
WKN: A2YN90
04 September 2024 08:30AM

EQS-News: TeamViewer extends CFO contract with Michael Wilkens, CCO Peter Turner to leave the Management Board at the end of his term

TeamViewer SE · ISIN: DE000A2YN900 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 1980901

EQS-News: TeamViewer SE / Key word(s): Personnel
TeamViewer extends CFO contract with Michael Wilkens, CCO Peter Turner to leave the Management Board at the end of his term

04.09.2024 / 08:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


TeamViewer extends CFO contract with Michael Wilkens, CCO Peter Turner to leave the Management Board at the end of his term

Goppingen, 4 September 2024: The Supervisory Board of TeamViewer SE extended the contract of Michael Wilkens as the company’s Chief Financial Officer and Member of the Management Board by three years. Michael Wilkens joined TeamViewer’s Management Board in September 2022 with responsibility for the company’s global Finance organization as well as corporate functions. The new contract is scheduled to expire in August 2027 and gives Michael the opportunity to continue his work of enabling TeamViewer’s profitable growth on the back of an improved financial profile and of building strong relationships with shareholders and the capital markets community.

Ralf W. Dieter, Chairman of TeamViewer’s Supervisory Board said: “Michael has been doing an excellent job for TeamViewer over the last two years. He established himself as a key collaborator within the Management Board and an ideal partner at the side of Oliver Steil, TeamViewer’s CEO. The early prolongation of Michael’s contract ensures continuity at the company’s top. Michael has proven to be the right person to steer TeamViewer’s financial planning and delivery, thus building the base for sustainable growth. He has brought TeamViewer’s reporting, financial communication and corporate processes to the next level and earned a lot of trust amongst all stakeholders. With his decisive leadership, strategic impulses and disciplined cost management he will continue to drive value for shareholders as well as customers, partners, and employees.” 

Michael Wilkens, TeamViewer’s CFO, said: “I am excited about the continued mandate as I consider TeamViewer one of the most exciting working environments. I look forward to further contributing my experience and strengths to the benefit of the company and its stakeholders. Moreover, I truly enjoy working with the Management Board, the entire leadership and with our amazing global team. TeamViewer’s people make a real difference, our culture is truly enriching and unique. I would like to thank the Supervisory Board for its continued trust.”

At the same time, TeamViewer’s Chief Commercial Officer Peter Turner has decided, after alignment with the Supervisory Board, not to extend his contract as member of the company’s Management Board beyond its expiry in July 2025. His current areas of responsibility will be distributed within the Management Board and Senior Leadership Team.

Ralf W. Dieter said: “On behalf of the entire Supervisory Board and Management Board I would like to thank Peter for his highly valuable contributions and achievements. Under his leadership, TeamViewer has been able to strengthen its position as a global enterprise software champion and to significantly increase brand awareness. Peter has built a strong marketing organization with focus on ecommerce excellence and has been a main driver of cross-departmental customer centricity.”

About TeamViewer

TeamViewer is a leading global technology company that provides a connectivity platform to remotely access, control, manage, monitor, and repair devices of any kind – from laptops and mobile phones to industrial machines and robots. Although TeamViewer is free of charge for private use, it has around 640,000 subscribers and enables companies of all sizes and from all industries to digitalize their business-critical processes through seamless connectivity. Against the backdrop of global megatrends like device proliferation, automation and new work, TeamViewer proactively shapes digital transformation and continuously innovates in the fields of Augmented Reality, Internet of Things and Artificial Intelligence. Since the company’s foundation in 2005, TeamViewer’s software has been installed on more than 2.5 billion devices around the world. The company is headquartered in Goppingen, Germany, and employs more than 1,500 people globally. In 2023, TeamViewer achieved a revenue of around EUR 627m. TeamViewer SE (TMV) is listed at Frankfurt Stock Exchange and is a member of the MDAX. Further information can be found at www.teamviewer.com.

 Contact

Press 
Martina Dier
Vice President Communications
E-Mail: press@teamviewer.com
Investor Relations
Bisera Grubesic
Vice President Investor Relations
E-Mail: ir@teamviewer.com

Important notice

Certain statements in this communication may constitute forward-looking statements. These statements are based on assumptions that are believed to be reasonable at the time they are made, and are subject to significant risks and uncertainties, including, but not limited to, those risks and uncertainties described in TeamViewer's disclosures. You should not rely on these forward-looking statements as predictions of future events, and TeamViewer’s actual results may differ materially and adversely from any forward-looking statements discussed in these statements due to several factors, including without limitation, risks from macroeconomic developments, external fraud, lack of innovation capabilities, inadequate data security and changes in competition levels. TeamViewer undertakes no obligation, and does not expect to publicly update, or publicly revise, any forward-looking statement, whether as a result of new information, future events or otherwise.



04.09.2024 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: TeamViewer SE
Bahnhofsplatz 2
73033 Göppingen
Germany
Phone: +49 7161 60692 50
Fax: +49 7161 60692 335
E-mail: ir@teamviewer.com
Internet: www.teamviewer.com
ISIN: DE000A2YN900
WKN: A2YN90
Indices: MDAX, TecDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1980901

 
End of News EQS News Service

1980901  04.09.2024 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 258,16 390,19 455,61 501,10 565,87 626,69 690,00
EBITDA1,2 137,24 189,49 205,14 168,34 197,50 221,92 257,00
EBITDA-Margin3 53,16 48,56 45,03 33,59 34,90 35,41 37,25
EBIT1,4 107,13 153,05 164,05 117,42 143,73 166,56 200,00
EBIT-Margin5 41,50 39,22 36,01 23,43 25,40 26,58 28,99
Net Profit (Loss)1 -12,41 104,06 103,03 50,05 67,60 114,02 140,00
Net-Margin6 -4,81 26,67 22,61 9,99 11,95 18,19 20,29
Cashflow1,7 112,56 143,61 224,54 193,97 204,34 229,87 0,00
Earnings per share8 -0,06 0,52 0,51 0,25 0,37 0,66 0,80
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: PricewaterhouseCoopers

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INVESTOR-INFORMATION
©boersengefluester.de
TeamViewer
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A2YN90 DE000A2YN900 SE 1.569,10 Mio € 25.09.2019 8FWFPM22+7H
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
10,03 28,17 0,36 31,94 18,76 6,83 2,50
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
28.05.2025 06.05.2025 29.07.2025 06.11.2024 20.03.2025
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-2,53%
9,23 €
ATH 54,86 €
-22,25% -22,68% -34,35% -34,10% -64,84%

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