ELARIS AG
ISIN: DE000A37FT17
WKN: A37FT1
07 November 2024 11:48AM

EQS-News: ELARIS AG strengthens internal structures to enable further growth / Steffen Cost named Chief Commercial Officer (CCO)

ELARIS AG · ISIN: DE000A37FT17 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2025065

EQS-News: ELARIS AG / Key word(s): Personnel
ELARIS AG strengthens internal structures to enable further growth / Steffen Cost named Chief Commercial Officer (CCO)

07.11.2024 / 11:48 CET/CEST
The issuer is solely responsible for the content of this announcement.


ELARIS AG strengthens internal structures to enable further growth / Steffen Cost named Chief Commercial Officer (CCO)

Bad Dürkheim, November 7, 2024 - ELARIS AG (“ELARIS,” ISIN DE000A37FT17) is expanding its internal structures to facilitate further international growth. With Steffen Cost, a renowned expert from the automotive industry was signed to be the new Chief Commercial Officer (CCO) of ELARIS. In this function, he will manage the company’s entire sales, sales marketing and dealer network development and be responsible for its strategic further development. Cost has more than 25 years of professional experience in all areas of the automotive business and also brings with him a strong European network in the industry. The 58-year-old worked for the car manufacturer Kia for many years, where he was most recently Vice President responsible for Sales, After Sales, Legal and the dealer network of the Group subsidiary Kia Europe. Prior to this, he was head of KIA Germany. Other professional positions included, among others, Sales Director at Nissan for the DACH region and many different sales and after-sales functions at Renault, including strategic tasks at the Group headquarters in Paris.

“We are delighted to welcome Steffen Cost to ELARIS as an experienced sales and automotive expert. This will enable us to optimize our internal structures and position ourselves strongly for further growth in the European market. Together, we will continue to drive ELARIS’ international growth strategy with a focused, demand-oriented model range. Strategically, ELARIS is therefore fully on track - the temporary weakness of our share price in recent days is therefore of a technical nature and was obviously triggered by sales by a major shareholder in the currently less liquid trading on the stock exchange,” commented Lars Stevenson, CEO and founder of ELARIS.

“ELARIS stands for needs-based mobility at affordable prices. I am delighted to be Chief Commercial Officer to actively shape the future growth of ELARIS with a focus on e-mobility. An innovative concept for Sales and After Sales, unique models and a powerful software platform are the basis of our success, which we will continue to expand in the months and years to come,” said Steffen Cost, CCO of ELARIS.

Press and Investor Relations contact

edicto GmbH
Axel Mühlhaus / Svenja Liebig
+49 69 90550 556
elaris@edicto.de

 



07.11.2024 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: 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: 2025065

 
End of News EQS News Service

2025065  07.11.2024 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 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
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: 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
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
23.08.2024 17.09.2024 12.07.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-17,96%
2,74 €
ATH 110,00 €
-67,46% +0,00% +0,00% +0,00% -93,25%

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