EANS-News
Semperit AG Holding / Semperit starts 2021 with best quarterly results since the turn of the millennium - ATTACHMENT
--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------
Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------
Earnings/Quarterly Report
Vienna, Austria -
* Significant increase in total revenue by 62.3% to EUR 323.1 million in the
first quarter of 2021 compared to the first quarter of 2020
* Very high revenue growth in the Medical Sector (+148.9%); Industrial Sector
also records recovery with +7.0% revenue growth
* EBITDA increased more than sevenfold from EUR 16.9 million to EUR 122.2
million, EBITDA margin improved to 37.8% (Q1 2020: 8.5%)
* EBIT multiplied by more than elevenfold to EUR 110.8 million, EBIT margin
almost sevenfold to 34.3%
* Increase in free cash flow by 66.7% to EUR 38.8 million
Vienna/Austria, 19 May 2021 - The publicly listed Semperit Group started
extremely successfully into 2021 despite ongoing restrictions caused by the
corona pandemic: "Notwithstanding the pandemic-related adverse effects such as a
challenging supply chain situation as well as increasingly rising raw material
prices and transport costs, we generated the best quarterly result since the
turn of the millennium in the first quarter of 2021," says Martin Füllenbach,
CEO of Semperit AG Holding. "We were able to multiply all relevant key figures
compared to the same period of the previous year. Although the booming medical
business once again made a significant contribution, the Industrial Sector also
clearly recovered overall. This is the result of our successful restructuring."
Record values thanks to growth in the Medical Sector and recovery of the
Industrial Sector
The 62.3% increase in revenue to EUR 323.1 million, which was achieved in the
first quarter of 2021, marks the best start to a year in the history of the
Semperit Group - at least since the turn of the millennium. The 148.9% increase
in revenue in the Medical Sector was largely driven by the continued high demand
for medical protective gloves, with significantly higher sales prices more than
compensating for the reduced sales volumes due to the limited availability of
containers. At the same time, a recovery was initiated in the Industrial Sector,
which was visible in a 7.0% increase in revenue primarily due to higher sales
volumes in the Semperflex and Semperseal segments.
The very high increase in revenue translated into a sevenfold increase in
consolidated EBITDA to EUR 122.2 million, with the EBITDA margin also improving
significantly from 8.5% in the same period of the previous year to 37.8%.
Diskutieren Sie über die enthaltenen Werte
Aktuelle Themen
Weitere Artikel des Autors
1 im Artikel enthaltener WertIm Artikel enthaltene Werte