EQS-Ad-hoc: ENCAVIS AG / Key word(s): Quarterly / Interim Statement/Preliminary Results Disclosure of an inside information according to Article 17 MAR of the Regulation (EU) No 596/2014
Net revenue decrease of more than 12% compared to previous year to around EUR 86.6 million Decrease of adjusted EBITDA*) of more than 24% compared to previous year to around EUR 48.5 million (previous year: EUR 64.3 million) Decrease of adjusted EBIT*) of more than 48% compared to previous year to around EUR 18.2 million (previous year: EUR 35.3 million) Adjusted Earnings Per Share*) (EPS) turns into the negative of around EUR –0.04 Decrease of operating cash flow of around 30% compared to previous year to around EUR 36.3 million (previous year: EUR 51.8 million) All KPIs are significantly below last year‘s figures but roughly on planned level. Therefore the Management Board confirms the guidance for FY 2024. *) Explanations and calculation of the adjusted operating earnings figures can be found in the Annual Report / Consolidated Financial Statements 2023 of Encavis AG beginning on page 17 and at page 37. The Annual Report / Consolidated Financial Statements 2023 of Encavis AG are available at: Contact / Notifying Person: Jörg Peters Tel.: + 49 40 37 85 62 242 Additional information can be found on www.encavis.com
End of Inside Information
03-May-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | ENCAVIS AG |
Große Elbstraße 59 | |
22767 Hamburg | |
Germany | |
Phone: | +49 4037 85 62 -0 |
Fax: | +49 4037 85 62 -129 |
E-mail: | info@encavis.com |
Internet: | https://www.encavis.com |
ISIN: | DE0006095003 |
WKN: | 609500 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1895197 |
End of Announcement | EQS News Service |
|
1895197 03-May-2024 CET/CEST
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.