DGAP-News

Blue Cap AG with successful 2021 financial year - Seite 2

The coating technology company Neschen suffered from a reduced order volume, which was reflected both in the field of graphic applications and, in light of the chip shortage, in the field of industrial coatings. Planatol managed to keep up its delivery capability throughout the year and thus meet the increased domestic demand.

At HY-LINE, which was acquired in September 2021, the shortage of semiconductors and bottlenecks in other upstream products led to a decline in revenue and earnings. Due to a record order intake and an easing in global supply chains, high levels of deliveries were reported at the end of 2021.

Project delays and postponements affected nokra's development of its business operations. However, there was a strong order intake in the second half of 2021, the processing of which was already having an impact in the fourth quarter.

Outlook

Last week, on 2 March 2022, the Management Board of Blue Cap AG raised its forecast for the current financial year in light of the acquisition of Transline Gruppe GmbH. It now expects revenues of around 305-325 million euros (previously: 290-310 million euros) and an adjusted EBITDA margin of 9-10 % (previously: 8.5-9.5 %). The revenue and earnings forecast does not take account of M&A transactions and is subject to possible persistent effects of the coronavirus pandemic. Furthermore, the repercussions of the Russia-Ukraine war have not yet been definitively assessed and may subsequently alter the forecast. Direct transactions in the group with Russia account for well below 1 % of group sales, and the possible indirect impact on e.g. raw material procurement or supply chains is still unclear.

The key figures disclosed in this press release are preliminary and prior to auditing. The annual report 2021 including the audited figures and further details as well as a dividend proposal will be published at the end of April.

To coincide with the publication of the preliminary figures, a conference call with the Management Board of Blue Cap AG will take place at 2:00 pm today. You can register under this link. The corresponding presentation can be found under Presentations - Blue Cap (blue-cap.de).

About Blue Cap AG

Blue Cap AG is a capital market-listed investment company founded in 2006 and headquartered in Munich. The company invests in medium-sized companies in the areas of production, trade and services of, with and for industrially manufactured physical goods. These are headquartered in the DACH region, typically generate revenue of between 30 and 80 million euros and have an intact core business. Blue Cap holds mostly majority stakes in nine companies in the adhesives technology & coating technology, plastics technology, production technology, medical technology and business services sectors. The companies in the Blue Cap Group develop independently and each pursue their own growth strategies. The group currently employs around 1,300 people in Germany and other European countries. Blue Cap AG is listed on the over-the-counter market (Scale, Frankfurt and m:access, Munich; ISIN: DE000A0JM2M1; stock exchange symbol: B7E). www.blue-cap.de