DGAP-News

Blue Cap AG with significant improvement in revenue and earnings in the 2021 financial year - dividend proposal of EUR 0.85 per share

DGAP-News: Blue Cap AG / Key word(s): Annual Report/Dividend Blue Cap AG with significant improvement in revenue and earnings in the 2021 financial year - dividend proposal of EUR 0.85 per share 27.04.2022 / 07:15 The issuer is solely responsible for the content of this announcement. Group revenue rose by around 15% to 267.3 million euros (PY: 233 million euros) Adjusted EBITDA margin(1) increased to 9.1% (PY: 7.6 %) Net Asset Value grew to 172.8 million euros (PY: 153.9 million euros) or 39.30 euros per share Base dividend rose to 0.85 euros per share Munich, 27 April 2022 - Blue Cap AG continued its dynamic and profitable growth path in 2021. The audited annual figures for the 2021 financial year according to IFRS accounting standards confirm the preliminary figures presented on 7 March.

Despite the challenging economic environment in 2021, the group revenue of the Blue Cap group increased by 15% to 267.3 million euros year-on-year (PY: 233 million euros). The operating result (adjusted EBITDA⁽¹⁾) rose disproportionately to revenue to 24.6 million euros (+40% compared to the previous year, PY: 17.6 million euros) and corresponds to a margin of 9.1% (PY: 7.6%) of total operating performance. Adjusted EBIT margin increased to 4.9% (PY: 3.8%). The significant growth relates in particular to the positive momentum in the Plastics segment and the acquisitions of H+E and HY-LINE group. This was offset by the deconsolidation of Carl Schaefer Gold- und Silberscheideanstalt GmbH and declines in revenue among holdings due to the continued impact of the Covid-19 pandemic and the upheavals in global supply chains.

Net Asset Value ("NAV") increased 12% to 172.8 million euros year-on-year (PY: 153.9 million euros), equivalent to 39.30 euros per share. The valuation methodology based on the IPEV (International Private Equity and Venture Capital Valuation) valuation standards was improved to further increase transparency when considering the enterprise value of the holdings and the group.