Ernst Russ AG · ISIN: DE000A161077 · EQS - Company News

Ernst Russ AG expands the Management Board

Hamburg, 5 November 2024 - The Supervisory Board of Ernst Russ AG has decided to add an additional member to the Management Board. With effect from 1 December 2024, the Supervisory Board has appointed Joseph Schuchmann (30) as a new member of the Executive Board of Ernst Russ AG, with a term of office until 31 December 2026. Joseph Schuchmann has excellent market knowledge thanks to his training as a shipping merchant, a master's degree in shipping and several years of professional experience in...

Corporate Insights - Short Sales, Director's Dealings, Sentiment Indicators - THE info hub for the informed investor

Smart tools for smart investors can be found in our Tools section

Corporate News Ernst Russ AG

In this overview you can view company news in the chronological order of publication. The source information comes from EQS News, the leading European news distributor. The most recent news item is listed first.
Back to Corporate News Overview
This might be interesting for you as well
05 November 2024 07:52AM
Ernst Russ AG expands the Management Board
Hamburg, 5 November 2024 - The Supervisory Board of Ernst Russ AG has decided to add an additional member to the Management Board. With effect from 1 December 2024, the Supervisory Board has appointed Joseph Schuchmann (30) as a new member of the Executive Board of Ernst Russ AG, with a term of office until 31 December 2026. Joseph Schuchmann has e...
Ernst Russ AG
29 August 2024 07:51AM
Ernst Russ AG - Continuation of Positive Business Development in a Dynamic Market Environment
Hamburg, 29 August 2024 - In the first half of 2024, the Ernst Russ Group benefited from the sustainable employment concept of its fleet in the international shipping market and continued its positive business performance as expected. International container shipping experienced a remarkable development in the first half of 2024. At the beginning ...
Ernst Russ AG
24 June 2024 05:30PM
Publication of the acceptance rate for the scrip dividend in 2024
Ernst Russ AG: Publication of the acceptance rate for the scrip dividend in 2024 These materials are not an offer of the solicitation of an offer for securities for sale in the United States. The subscription rights and the shares referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended ("Securi...
Ernst Russ AG
27 May 2024 07:48AM
Stable Development in the First Quarter of 2024
Hamburg, 27 May 2024 - After the first three months of 2024, Ernst Russ AG can look back on a successful business performance despite ongoing geopolitical tensions. The net assets, financial position and results of operations remained stable in the first quarter of 2024. As expected, revenue decreased by EUR 1.3 million year-on-year to EUR 46.9 mil...
Ernst Russ AG
27 May 2024 07:48AM
Stable Development in the First Quarter of 2024
Hamburg, 27 May 2024 - After the first three months of 2024, Ernst Russ AG can look back on a successful business performance despite ongoing geopolitical tensions. The net assets, financial position and results of operations remained stable in the first quarter of 2024. As expected, revenue decreased by EUR 1.3 million year-on-year to EUR 46.9 mil...
Ernst Russ AG
26 April 2024 09:27AM
Sale of MV MOVEON
Hamburg, 26 April 2024 - The Hamburg-based Ernst Russ Group sold the container feeder vessel MOVEON. MV MOVEON has a slot capacity of 868 TEU, a length of 135 meters and a width of around 23 meters. The container feeder vessel was built in 2001 by the Hamburg shipyard J. J. Sietas KG Schiffswerft. The Ernst Russ Group has operated the vessel toget...
Ernst Russ AG
18 March 2024 08:01AM
Positive business performance in 2023
Hamburg, 18 March 2024 - The Ernst Russ Group recorded a positive performance in its assets, financial position and earnings in 2023, although the financial year was marked by serious geopolitical conflicts and national and international economic weakness. In addition to the Russia-Ukraine war, the year 2023 brought further trouble spots with inte...
Ernst Russ AG
15 March 2024 01:50PM
Proposal to distribute a dividend of 1.00 euros per share, at the shareholders' option, in cash or shares, in full or in part
Hamburg, 15 March 2024: Based on the successful fiscal year 2023 with consolidated net income after minority interests of EUR 55.1 million, the Executive Board and the Supervisory Board of Ernst Russ AG (ISIN DE000A161077) today resolved to propose to the Annual General Meeting the distribution of a one-time dividend for the fiscal year 2023 in the...
Ernst Russ AG
15 November 2023 08:06AM
Successful business performance despite challenging market environment
Hamburg, 15. November 2023 - After the first nine months of 2023, Ernst Russ AG is looking back on a successful business performance despite geopolitical tensions and risks, persistent inflation, high inventories and significantly weaker freight and charter rates. The net assets, financial position and earnings continued to develop positively durin...
Ernst Russ AG
24 August 2023 07:39AM
Ernst Russ AG with stable business performance
Hamburg, 24 August 2023 - Following the correction in the second half of 2022, the charter market for container vessels is very significantly below the exceptional highs of the previous year. However, stabilization took place in the final months of the first half of 2023. In this mixed market environment, several opportunities to expand the existin...
Ernst Russ AG
11 July 2023 09:41AM
Ernst Russ AG acquires 2010 built 13,371 TEU container vessel ROME EXPRESS
Hamburg, 11 July, 2023 - Ernst Russ AG has currently supplemented the group-owned fleet of fully consolidated vessels with the acquisition of the 13,371 TEU container vessel ROME EXPRESS (IMO 9447861). The vessel was taken over today. The MV ROME EXPRESS was built and delivered in December 2010 by Samsung Heavy Industries Shipyard in South Korea. ...
Ernst Russ AG
11 July 2023 09:41AM
Ernst Russ AG acquires 2010 built 13,371 TEU container vessel ROME EXPRESS
Hamburg, 11 July, 2023 - Ernst Russ AG has currently supplemented the group-owned fleet of fully consolidated vessels with the acquisition of the 13,371 TEU container vessel ROME EXPRESS (IMO 9447861). The vessel was taken over today. The MV ROME EXPRESS was built and delivered in December 2010 by Samsung Heavy Industries Shipyard in South Korea. ...
Ernst Russ AG
05 July 2023 03:42PM
Ernst Russ AG: Increase in forecast for the 2023 financial year
Hamburg, 5 July 2023: The management board of Ernst Russ AG (ISIN DE000A161077) today raised its previous forecast for the full year 2023 based on its review of the latest business performance. The expected revenues are now in a range between 190 and 210 million EUR (previously: range between 180 and 200 million EUR) and the expected operating resu...
Ernst Russ AG
05 July 2023 03:42PM
Increase in forecast for the 2023 financial year
Hamburg, 5 July 2023: The management board of Ernst Russ AG (ISIN DE000A161077) today raised its previous forecast for the full year 2023 based on its review of the latest business performance. The expected revenues are now in a range between 190 and 210 million EUR (previously: range between 180 and 200 million EUR) and the expected operating resu...
Ernst Russ AG
05 June 2023 05:34PM
Ernst Russ AG: 71 % of Ernst Russ shareholders opt for stock dividend
These materials are not an offer of the solicitation of an offer for securities for sale in the United States. The subscription rights and the shares referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended ("Securities Act"). The subscription rights may only be exercised, and the new shares may ...
Ernst Russ AG
05 June 2023 05:34PM
71 % of Ernst Russ shareholders opt for stock dividend
These materials are not an offer of the solicitation of an offer for securities for sale in the United States. The subscription rights and the shares referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended ("Securities Act"). The subscription rights may only be exercised, and the new shares may ...
Ernst Russ AG
11 May 2023 01:51PM
Ernst Russ Group acquires 2,194 TEU container ship FRIDA RUSS
Ernst Russ Group acquires 2,194 TEU container ship FRIDA RUSS Hamburg, 11. May 2023 - The Ernst Russ Group acquires a 2,194 TEU container ship and expands its fleet to 31 vessels. The takeover of the vessel took place today. Today, the Ernst Russ Group took over a container ship with a capacity of 2,194 TEU which, as of today, will sail under the...
Ernst Russ AG
11 May 2023 01:51PM
Ernst Russ Group acquires 2,194 TEU container ship FRIDA RUSS
Ernst Russ Group acquires 2,194 TEU container ship FRIDA RUSS Hamburg, 11. May 2023 - The Ernst Russ Group acquires a 2,194 TEU container ship and expands its fleet to 31 vessels. The takeover of the vessel took place today. Today, the Ernst Russ Group took over a container ship with a capacity of 2,194 TEU which, as of today, will sail under the...
Ernst Russ AG
22 March 2023 08:00AM
Ernst Russ AG: Another successful financial year
Hamburg, 22 March 2023 - Ernst Russ AG again looks back on a successful financial year. In an economic environment characterised by war, crises and transformation the Ernst Russ Group achieved a positive operating result. Therefore, the Executive Board and the Supervisory Board resolved to propose to the Annual General Meeting the distribution of a...
Ernst Russ AG
22 March 2023 08:00AM
Another successful financial year
Hamburg, 22 March 2023 - Ernst Russ AG again looks back on a successful financial year. In an economic environment characterised by war, crises and transformation the Ernst Russ Group achieved a positive operating result. Therefore, the Executive Board and the Supervisory Board resolved to propose to the Annual General Meeting the distribution of a...
Ernst Russ AG
21 March 2023 12:32PM
Ernst Russ AG: Proposal to distribute a dividend of 0.20 euros per share, at the shareholders' option, in cash or shares, in full or in part
Hamburg, 21 March 2023: Based on the successful fiscal year 2022 with consolidated net income after minority interests of EUR 47.3 million, the Executive Board and the Supervisory Board of Ernst Russ AG (ISIN DE000A161077) today resolved to propose to the Annual General Meeting the distribution of a dividend for the fiscal year 2022 in the amount o...
Ernst Russ AG
21 March 2023 12:32PM
Proposal to distribute a dividend of 0.20 euros per share, at the shareholders' option, in cash or shares, in full or in part
Hamburg, 21 March 2023: Based on the successful fiscal year 2022 with consolidated net income after minority interests of EUR 47.3 million, the Executive Board and the Supervisory Board of Ernst Russ AG (ISIN DE000A161077) today resolved to propose to the Annual General Meeting the distribution of a dividend for the fiscal year 2022 in the amount o...
Ernst Russ AG
14 March 2023 08:27AM
Acquisition of 1,025 TEU container vessel Bakkafoss
Hamburg, 14 March 2023 - A joint venture between Eimskip and Ernst Russ AG acquired a second-hand vessel. The container vessel to be named Bakkafoss with a slot capacity of 1,025 TEU was built in 2009 and is chartered out to Eimskip for a period of up to three years. With this investment the partners enlarge their successfully operated ship portfol...
Ernst Russ AG
14 March 2023 08:27AM
Ernst Russ AG: Acquisition of 1,025 TEU container vessel Bakkafoss
Hamburg, 14 March 2023 - A joint venture between Eimskip and Ernst Russ AG acquired a second-hand vessel. The container vessel to be named Bakkafoss with a slot capacity of 1,025 TEU was built in 2009 and is chartered out to Eimskip for a period of up to three years. With this investment the partners enlarge their successfully operated ship portfol...
Ernst Russ AG
15 November 2022 07:48AM
Ernst Russ AG increases revenue and operating result
Hamburg, 15 November 2022 – The Ernst Russ Group has reported positive company figures in its Nine-Month Report published today.  The up-to-date business figures in the Nine-Month Report 2022 illustrate the positive overall development of the Ernst Russ Group: Revenue was up EUR 74.2 million or 116% compared with the previous year’s figure to cur...
Ernst Russ AG
15 November 2022 07:48AM
Ernst Russ AG increases revenue and operating result
Hamburg, 15 November 2022 – The Ernst Russ Group has reported positive company figures in its Nine-Month Report published today.  The up-to-date business figures in the Nine-Month Report 2022 illustrate the positive overall development of the Ernst Russ Group: Revenue was up EUR 74.2 million or 116% compared with the previous year’s figure to cur...
Ernst Russ AG
25 August 2022 07:26AM
Ernst Russ AG Achieves a Positive Half-year Result against the Backdrop of Changing General Conditions
Hamburg, 25 August 2022 – Ernst Russ AG benefited of its investments in the international shipping markets and a sustainable employment concept of its fleet in the first half of 2022.  The military conflicts between Russia and Ukraine and their knock-on effects, such as the energy crisis and high inflationary pressure, led to a general economic d...
Ernst Russ AG
25 August 2022 07:26AM
Ernst Russ AG Achieves a Positive Half-year Result against the Backdrop of Changing General Conditions
Hamburg, 25 August 2022 – Ernst Russ AG benefited of its investments in the international shipping markets and a sustainable employment concept of its fleet in the first half of 2022.  The military conflicts between Russia and Ukraine and their knock-on effects, such as the energy crisis and high inflationary pressure, led to a general economic d...
Ernst Russ AG
16 August 2022 10:55AM
Ernst Russ AG: Publication of preliminary business figures for the first half-year 2022 and upward revision of forecast for the 2022 financial year
Hamburg, 16 August 2022: Based on preliminary and unaudited figures, Ernst Russ AG (ISIN DE000A161077) expects revenues of approximately EUR 82.7 million (1st half-year 2021: EUR 39.6 million) and operating earnings (EBIT adjusted for non-operating income and expenses) of approximately EUR 51.0 million (1st half-year 2021: EUR 8.6 million) for the ...
Ernst Russ AG
16 August 2022 10:55AM
Publication of preliminary business figures for the first half-year 2022 and upward revision of forecast for the 2022 financial year
Hamburg, 16 August 2022: Based on preliminary and unaudited figures, Ernst Russ AG (ISIN DE000A161077) expects revenues of approximately EUR 82.7 million (1st half-year 2021: EUR 39.6 million) and operating earnings (EBIT adjusted for non-operating income and expenses) of approximately EUR 51.0 million (1st half-year 2021: EUR 8.6 million) for the ...
Ernst Russ AG
17 May 2022 09:10AM
Ernst Russ AG Continues its Positive Revenue and Earnings Growth
Hamburg, 17 May 2022 - The Ernst Russ Group operating result showed positive trends in Q1 2022 in spite of the global political issues and the resulting economic consequences. Due to favourable trends in the shipping markets and investments made in expanding its fleet, the Group can look back on the fifth consecutive quarter of revenue and earnings...
Ernst Russ AG
28 March 2022 03:04PM
Ernst Russ AG raises forecast for fiscal year 2022
Hamburg, 28 March 2022: Executive and Supervisory Board of Ernst Russ AG (ISIN DE000A161077) have resolved today to sell the container vessel MS "Music" with a container capacity of 804 TEU, which was built in 2007. The Ernst Russ Group holds a 55 % stake in the MS "Music" shipping company. The vessel is scheduled for delivery in April 2022. The tr...
Ernst Russ AG
24 March 2022 09:06AM
Ernst Russ AG with good business performance
Hamburg, 24 March 2022 - The Ernst Russ Group ends the 2021 financial year with a positive overall result. The group of companies, which operates internationally as a ship-owner and maritime investment manager, benefits in a pleasing market environment through successful investments and a sustainable employment concept for its fleet. The Ernst Ru...
Ernst Russ AG
16 March 2022 10:45AM
Ernst Russ AG: Publication of preliminary business figures for the 2021 financial year and upward revision of forecast for the 2022 financial year
Hamburg, 16 March 2022: Based on preliminary figures, Ernst Russ AG (ISIN DE000A161077) is expecting revenue of EUR 92.3 million for the 2021 financial year (previous year: EUR 55.6 million) and an operating result (EBIT, consolidated net income before interest and tax, adjusted for non-operating expenses and income) of EUR 30.8 million (previous y...
Ernst Russ AG
18 January 2022 12:17PM
Ernst Russ AG: Sale of MS DANCE
Hamburg, 18/01/2022 - As announced, Ernst Russ AG expanded its fleet of fully consolidated vessels by twelve container vessels at the turn of the year. The completion of this transaction was followed today by the successful sale and handover of the 801 TEU container vessel MS DANCE. On 31 December 2021, Ernst Russ AG acquired a further 10% of the ...
Ernst Russ AG
06 December 2021 06:14PM
Ernst Russ AG: Fleet expansion by twelve further fully consolidated vessels and forecast for the financial year 2022
Hamburg, 06 December 2021: Executive and Supervisory Board of Ernst Russ AG (ISIN DE000A161077) have resolved today to acquire further shares in Fernando Feeder Parent GmbH & Co. KG in the amount of 10 %. As a result, Ernst Russ AG indirectly acquires a majority interest totalling 55 % in a twelve container feeder vessels portfolio. This consis...
Ernst Russ AG
25 November 2021 08:46AM
Ernst Russ AG significantly increases revenue and operating result
Hamburg, 25 November 2021- The assets, financial position and earnings of the Ernst Russ Group showed positive trends in Q3 2021 as in the previous quarters. Ernst Russ AG is clearly benefiting from high capacity utilisation and increased charter rates. Ernst Russ AG recorded a sharp increase in net profits in the first nine months of 2021. Strong...
Ernst Russ AG
22 October 2021 06:19PM
Ernst Russ AG raises forecast for fiscal year 2021
Hamburg, 22 October 2021: Executive and Supervisory Board of Ernst Russ AG (ISIN DE000A161077) have resolved today to sell the multipurpose vessel MS "Lotta Auerbach" with a capacity of 12,744 dwt, which was built in 2007, to a third party. The Ernst Russ Group holds a 51% stake in the MS "Lotta Auerbach" shipping company. The vessel is scheduled f...
Ernst Russ AG
06 September 2021 10:56AM
Ernst Russ AG reports a very positive half-year result
Hamburg, 6 September 2021 - Ernst Russ AG has today published its business figures for the first six months of 2021. Due to the investments made in the past and the employment concept of its fleet, which is geared towards securing revenues on a sustainable and long-term basis, the Group is benefiting from very positive trends in the international ...
Ernst Russ AG
26 August 2021 01:52PM
Ernst Russ AG: Acquisition of a 1,300 TEU container vessel
Hamburg, 26 August 2021 - A subsidiary of Ernst Russ AG acquired a 2010 built container vessel with a total capacity of around 1,300 TEU from EF Eliza Ltd., a wholly owned subsidiary of ElbFeeder Inc. Ernst Russ AG is holding a majority share in ElbFeeder Inc. of around 52%. The icelandic shipping company Eimskip has a stake of around 48% in the ...
Ernst Russ AG
20 August 2021 03:59PM
Correction of a release from 20/08/2021, 11: 58 CET/CEST - Ernst Russ AG: Publication of preliminary earnings figures for the first half of 2021 and concretization of the forecast for the current financial year
In today's ad-hoc release, the preliminary and unaudited operating earnings of Ernst Russ AG for the first half of 2021 were stated as approximately EUR 8.5 billion instead of EUR 8.5 million due to an orthographic mistake. The correct text of the ad-hoc release now reads as follows: Hamburg, 20 August 2021: Based on preliminary and unaudited figur...
Ernst Russ AG
20 August 2021 11:58AM
Ernst Russ AG: Publication of preliminary earnings figures for the first half of 2021 and concretization of the forecast for the current financial year
Hamburg, 20 August 2021: Based on preliminary and unaudited figures, Ernst Russ AG (ISIN DE000A161077) expects revenues of approximately EUR 39.6 million (prior-year period: EUR 28.9 Million) and operating earnings (group earnings before interest and taxes, adjusted for non-operating income and expenses) of approximately EUR 8.5 billion (prior-year...
Ernst Russ AG
28 May 2021 08:36AM
Ernst Russ AG posts a successful start to the year
Hamburg, 28 May 2021 - The assets, financial position and earnings of the Ernst Russ Group showed positive trends in Q1 2021. Ernst Russ AG can look back on a successful start to the year in spite of the spread of the COVID-19 pandemic and difficult trading and logistics conditions. As an internationally operating shipping company and maritime inv...
Ernst Russ AG
14 September 2020 08:27AM
Ernst Russ AG: Positive operating result in the first half of 2020
Hamburg, 14 September 2020: Ernst Russ AG finished the first half of 2020, which was marked by the spread and consequence of the COVID-19 pandemic, with a positive result. The Group's assets, financial position and earnings showed positive development in the first half of 2020 compared with the same period in the previous year. The Group's operati...
Ernst Russ AG
More Ernst Russ AG related information
Type Total Last Made by Go to
Corporate Research 0 - - Corporate Research
Directors Dealings 5 14th February 2024 Lorenz-Meyer, Robert DD
Short Seller (DE) 0 - - SSR (DE)
Short Seller (UK) 0 - - SSR (UK)
Disclaimer:

The combination of information with graphic elements makes an important contribution to visual orientation and navigation through complex factual topics. Essential content features can be perceived, grasped and contextually processed much faster. 
The figurative marks, logos and other graphic and textual elements used on this website are for illustrative purposes only. All rights to the aforementioned elements are held by their respective owners. They are used without the intention of copyright infringement or intellectual property infringement.

If you believe that copyrights or intellectual property have been infringed by the choice of illustration, please contact us immediately to clarify the issue.

v.07062023 EN