EQS-News

Muehlhan AG: Muehlhan AG publishes results for first nine months of 2023 - Seite 2

For the 2023 financial year as a whole, the Executive Board and Supervisory Board expect to see revenues of between €10 million and €15 million and EBIT of €-3.5 million to €-4.0 million.

Muehlhan AG has announced its withdrawal from the stock market (delisting). The last trading day will be December 27, 2023.

With effect from October 31, 2023, Mr. Gautam Arya will step down as a member of the Executive Board of Muehlhan AG.

 

The company’s key performance indicators are shown in the following table:

in kEUR		First 9 months of 2023	First 9 months of 2022
Results
Revenues		8,703	203,770
Earnings from operations (EBIT)		-3,121	9,317
Consolidated income attributable to shareholders of Muehlhan AG		-2,463	4,022
Earnings per share from continuing operations*	in EUR	-0.13	0.21
Cash flow from operating activities		-157	2,095
Balance sheet		September 30, 2023	December 31, 2022
Total assets		42,616	78,458
Equity		32,234	64,483
Equity ratio	in %	75.6	82.2
Employees		First 9 months of 2023	First 9 months of 2022
Employees (annual average)	number	434	2,187

* Calculated on the basis of 19,500,000 shares, less treasury shares.