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

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