EQS-News

Group sales revenue 2023 just below, Group EBIT within the most recently announced forecast corridors - Seite 2

The Management Board will propose to the Annual General Meeting a reduced dividend of EUR 0.51 per preference share and EUR 0.50 per ordinary share.

For the 2024 financial year, we are again planning positive results and a moderate increase in sales revenue to between EUR 161.0 million and EUR 176.0 million. We expect Group EBIT to be between EUR 3.0 million and EUR 6.0 million and net income in the individual financial statements of edding AG to be between EUR 0.0 million and EUR 2.0 million.

About edding AG: Founded in Hamburg in 1960, the company generated Group sales revenues of EUR 160.8 million in 2023 with an annual average of 726 employees. Under the edding, Legamaster and Playroom brands, the company offers long-lasting, high-quality products and solutions for private and commercial use. The portfolio includes markers and writing instruments, visual communication products such as flipcharts, whiteboards and e-screens, innovative digital applications as well as tattoo ink. The company's fundamental values embrace responsibility towards the environment and society. As part of its current strategic transformation, the edding Group is focusing even more strongly on sustainable action: as a profit-for-profit company, the edding Group no longer sees economic success as its main target, but as a resource that enables the company to make its contribution to overcoming the major challenges facing our society.

Explanation of EBIT as an alternative performance indicator: EBIT is the abbreviation for “earnings before interest and taxes”. Total output less cost of materials, personnel expenses and depreciation and amortisation (including rights of use within the meaning of IFRS 16), plus other operating income and less other operating expenses. EBIT is the most important key figure for profitability management in the edding Group. No adjustment has been made for any extraordinary income or expenses.

Ahrensburg, 29. February 2024

edding Aktiengesellschaft

The Management Board
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Contact:
edding AG, Sönke Gooss (CFO)
Bookkoppel 7, 22926 Ahrensburg
Phone [phone], Fax [phone]
e-Mail: [e-mail]