DGAP-News

Raw material prices and efficiency improvements lead to significant increase in revenues and earnings of the Ringmetall Group - Seite 2

The key figures for business development in the reporting period are as follows:

IFRS, in EUR m	Q1 2021	Q1 2020	∆ [abs.]	∆ [%]
Group revenues	36.1	33.8	2.3	6.7
Gross profit *	17.5	16.1	1.4	8.7
EBITDA	4.6	3.8	0.8	21.5
EBITDA margin	12.7%	11.2%	1.5%
EBIT	3.2	2.3	0.9	39.7
EBIT margin	8.7%	6.7%	1.0%

*Gross profit defined as: Group revenue including changes in inventories less cost of raw materials, consumables and supplies, and purchased services.

Detailed analysis of the effects of steel price developments, inorganic and organic growth showed the following effects on segment revenues: