Put companies on watchlist
SBF AG
ISIN: DE000A2AAE22
WKN: A2AAE2
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

SBF AG · ISIN: DE000A2AAE22 · EQS - adhoc news (32 News)
Country: Germany · Primary market: Germany · EQS NID: 1589769
22 March 2023 07:30PM

SBF's preliminary figures show revenue and EBITDA below forecast for 2022, significant revenue and earnings growth expected in 2023


EQS-Ad-hoc: SBF AG / Key word(s): Profit Warning
SBF's preliminary figures show revenue and EBITDA below forecast for 2022, significant revenue and earnings growth expected in 2023

22-March-2023 / 19:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


SBF's preliminary figures show revenue and EBITDA below forecast for 2022, significant revenue and earnings growth expected in 2023

Leipzig, 22 March 2023 –
SBF AG (ISIN: DE000A2AAE22; WKN A2AAE2, “SBF”), a listed supplier of LED lighting systems for rail vehicles, municipalities, railways and industry, announces its preliminary revenue and earnings figures for the 2022 financial year. Group revenues increased to approximately 34,8 million euros. Preliminary EBITDA reached around 2,4 million euros in a challenging market environment. A consolidated turnover of more than 36.0 million euros and an EBITDA of around 3.7 million euros were forecast.

The main reasons for the slowdown in growth and the decline profitability were the increased procurement costs, the limited availability of materials, oder postponements into the new financial year and individual oder cancellations due to the Russian embargo. In the “Rail Vehicles” segment, it has so far been possible to partially pass on the increased procurement costs with a time lag. In the “Public and Industrial Lighting” segment, the processing of some orders has been delayed due to ongoing supply bottlenecks for individual products.

The company has prepared itself for the challenges - among other things with stronger local content requirements for suppliers. For the current financial year, the Executive Board expects a significant growth in turnover of more than 40 million euros and an increasing EBITDA. In the long term, the Executive Board sees further growth potential due to the positive market environment and planned acquisitions.

Company contact:

SBF AG

Management Board
Zaucheweg 4
04316 Leipzig
Tel: +49 (0)341 65235 894
E-Mail: info@sbf-ag.com


22-March-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: SBF AG
Zaucheweg 4
04316 Leipzig
Germany
Phone: +49 (0)341 65235894
E-mail: info@sbf-ag.com
Internet: www.sbf-ag.com
ISIN: DE000A2AAE22
WKN: A2AAE2
Listed: Regulated Unofficial Market in Berlin, Frankfurt, Munich (m:access), Stuttgart
EQS News ID: 1589769

 
End of Announcement EQS News Service

1589769  22-March-2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1589769&application_name=news&site_id=boersengefluester_html
Visual performance / price development - SBF AG
Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

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.