DGAP-News

Ringmetall closes 2020 in line with forecast after good final quarter - Seite 2

The outlook for the 2021 financial year is deliberately measured conservatively against the background of the developments in connection with COVID-19, which continue to be impossible to assess. Accordingly, the Management Board currently assumes sales of between EUR 115 and 125 million and EBITDA of between EUR 11 and 13 million. With regard to planned acquisitions, the Management Board expects to be able to bring ongoing talks regarding at least one transaction to a successful conclusion in 2021.

As usual, this outlook is based on an unchanged steel price and unchanged exchange rates of the euro to the US dollar, the Turkish lira and the British pound compared with year-end 2020. It also does not include effects from acquisitions planned for 2021, including transaction costs.

The company plans to publish the final figures for the 2020 financial year and the 2020 annual report on 30 April 2021. Further information on Ringmetall AG and its affiliated subsidiaries is available at www.ringmetall.de.

Contact:
Ingo Middelmenne
Investor Relations
Ringmetall AG
Phone: [phone]
Mobile: [phone]
Email: [e-mail]

About the Ringmetall Group
Ringmetall is a leading international specialist supplier in the packaging industry. The Industrial Packaging business unit offers high-security closure systems and inliners for industrial drums for the chemical, petrochemical, pharmaceutical and food processing industries. The Industrial Handling Business Unit develops application-optimized vehicle attachments for handling and transporting packaging units. In addition to the Group headquarters in Munich, Ringmetall is represented by worldwide production and sales subsidiaries in Germany, Great Britain, Spain, Italy, Turkey, the Netherlands as well as China and the USA. Worldwide, Ringmetall generates sales of around EUR 120 million per year.

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09.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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Language:	English
Company:	Ringmetall Aktiengesellschaft
	Innere Wiener Str. 9
	81667 Munich
	Germany
Phone:	089 / 45 22 098 - 0
Fax:	089 / 45 22 098 - 22
E-mail:	[e-mail]
Internet:	www.ringmetall.de
ISIN:	DE0006001902
WKN:	600190
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1166879