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technotrans starts the 2021 financial year with revenue and earnings growth

DGAP-News: technotrans SE / Key word(s): Quarterly / Interim Statement technotrans starts the 2021 financial year with revenue and earnings growth 04.05.2021 / 07:00 The issuer is solely responsible for the content of this announcement. Quarterly Communication technotrans starts the 2021 financial year with revenue and earnings growth

• Revenue of € 52.8 million is 1.3 % above pre-Corona 2020 level
• Strategy "Future Ready 2025" shows first successes
• Group operating profit (EBIT) rises by 63.2 % to € 2.9 million
• Board of Management confirms 2021 annual forecast and medium-term targets

Sassenberg, May 4, 2021 - technotrans SE has made a positive start to the 2021 financial year despite the continuing challenges posed by the Corona pandemic. In the first three months, a consolidated turnover of € 52.8 million was achieved. With the increase of 1.3 % compared to the same period of the previous year, this even exceeded the pre-Corona level. Consolidated EBIT increased substantially by 63.2 % and reached € 2.9 million (previous year € 1.8 million). The EBIT margin of the group improved significantly from 3.4% to 5.4%. The Board of Management confirms its forecast for the 2021 financial year of consolidated revenue of € 195 to 205 million with an EBIT margin between 4.5 and 5.5 %.


"With flexibility and innovation, technotrans has found the right answers to the ongoing pandemic-related challenges. We are very satisfied with the business performance in the first quarter under the given general conditions. The structural measures already introduced last year and the strategic realignment 'Future Ready 2025' are having an effect. We are right on schedule," says Michael Finger, Spokesman of the Board of Management of technotrans SE.

Turnover and profitability increased
The technotrans group realised consolidated revenue of € 52.8 million in the first three months of the 2021 financial year, which was 1.3 % up on the previous year's figure of € 52.2 million. Consolidated EBIT reached € 2.9 million in the first quarter (previous year: € 1.8 million). The 63.2 % increase proves the effectiveness of the structural and strategic measures introduced. The EBIT margin developed as expected - also due to the increased fixed cost degression - from 3.4 % to 5.4 %. ROCE has also improved and reached 9.1% at the end of the first quarter, being 1.6 percentage points above the previous year. As at March 31, the group achieved a consolidated net profit of € 1.9 million. The increase of around 67% is reflected in earnings per share of € 0.27 (previous year: € 0.16).