Booster PC 11,698% 11/26: YoY Q1 2024 Earnings Shift & Potential Bond Tap Issue

• BOOSTER Precision Components GmbH released preliminary unaudited figures for Q1 2024.
• The company reported revenues of EUR 43.4 million, lower than the same period in 2023 (EUR 47.3 million).
• EBITDA declined from EUR 5.6 million to EUR 4.5 million due to weaker demand and an unfavorable product mix.
• The Management Board has initiated measures to counteract the negative trend and maintains its full-year guidance.
• The Group expects single-digit percentage range revenue growth compared to 2023 (EUR 183.6 million) and a moderate increase in earnings, assuming stable energy prices and raw material costs.
• The company is considering a potential EUR 18 million tap issue to refinance its subordinated loan provided by Eurazeo.