EQS-News

Masterflex SE with record EBIT in financial year 2023 - dividend increase to EUR 0.25 per share planned

EQS-News: Masterflex SE / Key word(s): Preliminary Results Masterflex SE with record EBIT in financial year 2023 - dividend increase to EUR 0.25 per share planned 11.03.2024 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. Masterflex SE with record EBIT in financial year 2023 - dividend increase to EUR 0.25 per share planned

• Consolidated sales revenue at EUR 101.1 million according to preliminary figures (2022: EUR 100.3 million)
• EBITDA rises to a new record of EUR 17.9 million (2022: EUR 16.4 million)
• Group operating EBIT increases disproportionately to a new record high of EUR 12.6 million (2022: EUR 11.4 million)
• Operating EBIT margin significantly improved to 12.4% (2022: 11.4%)
• Dividend increase to EUR 0.25 per share planned (2022: EUR 0.20)

Gelsenkirchen, 11 March 2024 – According to preliminary figures, Masterflex SE (ISIN: DE0005492938) generated sales revenue of EUR 101.1 million in the 2023 financial year (2022: EUR 100.3 million) and can look back on a successful and robust business development despite a noticeable economic headwind in some of its customer industries. Although sales revenue was slightly below the forecast range of EUR 103 million to EUR 110 million, primarily due to the increasing slowdown in demand in the traditional cyclically sensitive customer sectors, EBITDA increased to a new record of EUR 17.9 million (2022: EUR 16.4 million). Operating EBIT also reached a new record high in the 2023 financial year, growing by 10.5% to EUR 12.6 million (2022: EUR 11.4 million). The Masterflex Group succeeded in consolidating the operating EBIT margin in the double-digit range and increasing it from 11.4% in the previous year to 12.4% in the 2023 financial year, so that the Group was able to achieve the middle of the forecast range of EUR 11.0 million to EUR 14.0 million in operating EBIT.