DGAP-News 126 0 Kommentare JDC Group AG: JDC Group AG confirms positive figures and outlook - and wins TOP 100 award for Germany's innovation champions

DGAP-News: JDC Group AG / Key word(s): Annual Report
JDC Group AG: JDC Group AG confirms positive figures and outlook - and wins TOP 100 award for Germany's innovation champions

31.03.2021 / 08:00
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JDC Group AG confirms positive figures and outlook - and wins TOP 100 award for Germany's innovation champions

- Revenue grows by 10.2 percent to EUR 122.8 million in 2020

- EBITDA up significantly at EUR 5.1 million (or EUR 5.8 million after adjustment for non-recurring items) compared with EUR 4.2 million in 2019

- Further significant growth and higher earnings expected in 2021 and beyond

- JDC wins award for innovativeness: Germany's TOP 100 champion innovator

JDC Group AG (ISIN DE000A0B9N37) has published its financial results for 2020, confirming the preliminary figures published on 8 March.

Earnings growth continues to accelerate

Despite the Covid-19 pandemic, the consolidated revenue increased by 10.2 percent to EUR 122.8 million in 2020 (2019: EUR 111.5 million). Earnings before interest, tax, depreciation and amortisation (EBITDA) showed significant growth at EUR 5.1 million, increasing to EUR 5.8 million after adjustment for non-recurring expenses of EUR 0.7 million for the head office move, remote working infrastructure and severance packages (2019: EUR 4.2 million). Earnings before interest and tax (EBIT) increased to EUR 0.5 million - or EUR 1.2 million after adjustment for non-recurring expenses - also representing a marked improvement on the previous year (2019: EUR -0.1 million).

In the promising platform business (Advisortech segment), revenues grew by an even higher rate of 11.2 percent, to EUR 102.6 million (previous year: EUR 92.3 million). In the Advisory segment, revenues grew by around 3 percent to EUR 30.9 million, despite the pandemic (previous year: EUR 29.9 million). 

The key financial figures 2020 were as follows:

	2020	2019	Change	Change
	[kEUR]	[kEUR]	abs.	%
Revenues	122.834	111.471	11.363	10,2
thereof Advisortech	102.579	92.285	10.294	11,2
thereof Advisory	30.859	29.910	949	3,2
Adjusted EBITDA	5.825	4.166	1.659	39,8
EBITDA	5.125	4.166	959	23,0
EBITDA-Margin [%]	4,2	3,7
Adjusted EBIT	1.197	-145	1.342	>100,0
EBIT	497	-145	642	>100,0
EBIT-Margin [%]	0,4	-0,1