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ISIN: DE000A161234
WKN: A16123
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Ekotechnika AG · ISIN: DE000A161234 · Newswire (adhoc)
Land: Deutschland · Primärmarkt: Deutschland · EQS NID: 1231282
06 September 2021 09:10AM

Ekotechnika AG: Positive performance in the first nine months of 2020/2021 and further increase in forecast


DGAP-Ad-hoc: Ekotechnika AG / Key word(s): Forecast/9 Month figures
Ekotechnika AG: Positive performance in the first nine months of 2020/2021 and further increase in forecast

06-Sep-2021 / 09:10 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ekotechnika AG: Positive performance in the first nine months of 2020/2021 and further increase in forecast

Walldorf, 6 September 2021 - Ekotechnika AG (primary market; ISIN: DE000A161234) showed a positive performance in the first nine months of the financial year 2020/2021, generating revenues of EUR 186.9 million (9M 2019/2020: EUR 150.9 million). Operating result (EBIT) improved significantly from EUR 7.5 million in the previous year to EUR 17.1 million in the first nine months of 2020/2021, partly due to exchange rate effects. Adjusted for these effects, EBIT rose by around 34% to EUR 14.0 million (9M 2019/2020: EUR 10.4 million).

Against this background Ekotechnika AG is increasing its revenues forecast to EUR 220-240 million (previously: EUR 220-230 million). Gross profit is expected to be in a range of EUR 37-40 million (previously: EUR 35-38 million). For the EBIT, the company now expects a range of EUR 17-20 million (previously: EUR 13-16 million), primarily due to positive currency effects.


Contact
Ekotechnika AG // Johann-Jakob-Astor-Str. 49 // 69190 Walldorf // T: +49 (0) 6227 3 58 59 60 // E: info@ekotechnika.de // www.ekotechnika.de


Press / Investor Relations
Fabian Kirchmann, Anna-Lena Mayer // IR.on AG // T: +49 (0) 221 9140 970 // E: presse@ekotechnika.de


06-Sep-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Ekotechnika AG
Johann-Jakob-Astor-Str. 49
69190 Walldorf
Germany
Phone: +49 (0) 6227 3 58 59 60
E-mail: info@ekotechnika.de
Internet: www.ekotechnika.de
ISIN: DE000A161234
WKN: A16123
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich
EQS News ID: 1231282

 
End of Announcement DGAP News Service

1231282  06-Sep-2021 CET/CEST

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