DGAP-News

Brockhaus Capital Management AG: Successful management during the coronavirus pandemic: revenue of € 51.6 million in line with adjusted forecast - high operating margin of 24%

DGAP-News: Brockhaus Capital Management AG / Key word(s): Annual Report/Annual Results Brockhaus Capital Management AG: Successful management during the coronavirus pandemic: revenue of € 51.6 million in line with adjusted forecast - high operating margin of 24% 15.04.2021 / 07:05 The issuer is solely responsible for the content of this announcement. Successful management during the coronavirus pandemic: revenue of € 51.6 million in line with adjusted forecast - high operating margin of 24%

- Revenue in Environmental Technologies segment (Palas) up +31% on previous year

- Projects postponed by customers in the Security Technologies segment (IHSE) due to continuing travel restrictions and social distancing requirements

- Internationalization and strong acquisition pipeline for the first half of 2021

Frankfurt am Main, 15 April 2021. Brockhaus Capital Management AG (BKHT, ISIN: DE000A2GSU42, "BCM"), a long-term oriented technology group focused on acquiring high-margin and high-growth technology champions within the German Mittelstand, announced its results for fiscal year 2020 on 15 April 2021.

BCM brought the 2020 fiscal year to a successful conclusion: Despite the continuing impact of the COVID-19 pandemic, BCM Group generated revenue of € 51.6 million. This is a decline of only 5% from the record level achieved in the previous (pro forma) year 2019 and is in line with the adjusted forecast. This also underlines the strategic direction of BCM's focus on acquiring high-margin and high-growth technology leaders within the German Mittelstand. Based on adjusted EBITDA of € 12.3 million, the Group's operating margin of around 24% is significantly higher than in the preceding quarters. Free cash flow before taxes and costs of the initial stock market listing amounted to € 9.4 million. On a non-pro forma basis, i.e., if inorganic growth resulting from the acquisition of IHSE in 2019 is included, the Group's revenue increased by +211.5%.