DGAP-Ad-hoc: STEMMER IMAGING AG / Key word(s): Change in Forecast
Puchheim, July 21, 2021
For the first half of 2021, preliminary figures thus show revenues of EUR 64.7 million (H1 2020: EUR 52.2 million / +23.9%) and an operating result (EBITDA) of EUR 7.9 million (H1 2020: EUR 2.3 million / +244.5%). The EBITDA margin was 12.2% in the first half of the year, again exceeding the target of the mid-term strategy of >10%. Despite the deteriorating global supply situation in the second quarter, the company benefited significantly from the continued positive market development and the successful implementation of its strategic positioning on value-added services in industrial and non-industrial end markets. The improvement in earnings was supported by the above-average gross margin development as well as by a market-related low cost level and good cost management.
Based on the preliminary half-year figures and supported by the strong order backlog as well as the current estimates for the second half of the year, STEMMER IMAGING AG is raising its forecast for the 2021 fiscal year. The Executive Board now expects full-year revenues of between EUR 123 million and EUR 131 million (previous forecast: upper range EUR 111 million - 121 million) and an operating result (EBITDA) of between EUR 12.2 million and EUR 15.4 million (previous forecast: upper range EUR 7.8 - 10.2 million).
The final figures for the second quarter and further details on the 2021 half-year results will be published on 11 August 2021 as part of the half-year reporting.
21-Jul-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Company:||STEMMER IMAGING AG|
|Phone:||+49 (0)89 - 809020|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||1220743|
|End of Announcement||DGAP News Service|
1220743 21-Jul-2021 CET/CEST