EQS-News: ELARIS AG is considering the possibility of offshoring SKD production in response to the threat of punitive EU tariffs
EQS-News: ELARIS AG
/ Key word(s): Miscellaneous
ELARIS AG is considering the possibility of offshoring SKD production in response to the threat of punitive EU tariffs Bad Dürkheim, 10 October 2024 – ELARIS AG (‘ELARIS’, ISIN DE000A37FT17) is reacting to the decision of the EU Commission to impose punitive tariffs on Chinese e-cars. In this context, ELARIS is considering the option of manufacturing its e-vehicles using the SKD (semi knocked-down) process outside the People's Republic of China. To this end, ELARIS is currently in promising talks with several potential partners from three different countries. The necessary regulatory, customs and tax law reviews are already at an advanced stage, too. Based on the current situation, ELARIS is aiming to reach an agreement with a suitable partner in the current year and to start production soon afterwards. For the SKD method, the supplied components are assembled on site to form a complete vehicle. With SKD production in a corresponding third country outside of China, ELARIS combines low operating and production costs with proven product quality and would nonetheless not be affected by possible EU punitive tariffs. In this way, ELARIS can offer needs-based e-cars at affordable prices. Lars Stevenson, Founder and CEO of ELARIS AG: "The EU Commission is doing its customers a disservice if it artificially increases the price of low-priced electric cars with punitive tariffs. This will slow down the development of electric mobility for everyone, especially in the small car segment. ELARIS therefore began to examine the possibility of SKD production many months ago and is currently in intensive and promising discussions with several qualified production partners. This is ELARIS' contribution to the energy transition and the democratisation of the e-car market.” Press Contact and Investor Relations edicto GmbH
10.10.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
Language: | English |
Company: | ELARIS AG |
Robert-Bunsen-Straße 1 | |
67098 Bad Dürkheim | |
Germany | |
E-mail: | info@elaris.info |
Internet: | www.elaris.info |
ISIN: | DE000A37FT17, DE000A2QDEZ3 |
WKN: | A37FT1, A2QDEZ |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich (m:access) |
EQS News ID: | 2005887 |
End of News | EQS News Service |
|
2005887 10.10.2024 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 | ||||||||
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024e | ||
Sales1 | 0,00 | 0,00 | 0,00 | 0,89 | 3,04 | 6,68 | 35,00 | |
EBITDA1,2 | 0,00 | 0,00 | 0,00 | -1,14 | -3,14 | -2,28 | 0,00 | |
EBITDA-Margin3 | 0,00 | 0,00 | 0,00 | -128,09 | -103,29 | -34,13 | 0,00 | |
EBIT1,4 | 0,00 | 0,00 | 0,00 | -1,39 | -3,35 | -2,49 | 0,00 | |
EBIT-Margin5 | 0,00 | 0,00 | 0,00 | -156,18 | -110,20 | -37,28 | 0,00 | |
Net Profit (Loss)1 | 0,00 | 0,00 | 0,00 | -1,51 | -3,48 | -3,07 | 0,00 | |
Net-Margin6 | 0,00 | 0,00 | 0,00 | -169,66 | -114,47 | -45,96 | 0,00 | |
Cashflow1,7 | 0,00 | 0,00 | 0,00 | -1,27 | -3,59 | -2,86 | 0,00 | |
Earnings per share8 | 0,00 | 0,00 | 0,00 | -0,12 | -0,29 | -0,25 | -0,60 | |
Dividend per share8 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 |
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: Heinz-Christian Knoll
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 | ||||||
Elaris | ||||||
WKN | ISIN | Legal Type | Marketcap | IPO | Recommendation | Plus Code |
A37FT1 | DE000A37FT17 | AG | 33,15 Mio € | 14.03.2024 | 8FXCF6G6+7P |
PE 2025e | PE 10Y-Ø | BGFL-Ratio | Shiller-PE | PB | PCF | KUV |
-9,79 | 0,00 | 0,00 | -9,04 | 8,70 | -11,60 | 3,42 |
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
0,00 | 0,00 | 0,00 | 0,00% |
Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
23.08.2024 | 17.09.2024 | 12.07.2024 |
Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
-67,46% | +0,00% | +0,00% | +0,00% | -93,25% |
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.