Technotrans Boosts Revenue by 10%, Affirms 2025 Strategic Goals

• technotrans SE increased its revenue by 10% in 2023, reaching €262.1 million, with an EBIT margin of 5.4% and EBIT at €14.2 million.
• The company's free cash flow significantly increased to €12.8 million.
• Peter Hirsch, COO/CTO, will leave the Board of Management of technotrans SE prematurely by mutual agreement in March 2024.
• The company confirmed its strategic goals for 2025, expecting consolidated revenue between €245 and €270 million with an EBIT margin between 5.5% and 7.5% and a ROCE in the range of 14.0% to 16.0%.
• The focus market Energy Management achieved the highest revenue growth with an increase of 76%.
• technotrans ended the financial year with an order backlog of €74 million and a book-to-bill ratio of 0.9.

The next important date, Business Report 2023, at Technotrans is on 21.03.2024.

The price of Technotrans at the time of the news was 17,400EUR and was up +0,29 % compared with the previous day.
53 minutes after the article was published, the price was 17,425EUR this corresponds to a plus of +0,14 % since publication.

Technotrans

-1,96 %

+20,58 %

+13,35 %

+6,67 %

-25,98 %

-22,68 %

-16,97 %

+156,76 %

-27,59 %

ISIN:DE000A0XYGA7WKN:A0XYGA

• Intraday
• 5 Tage
• 1 Monat
• 3M
• 1 Jahr
• 3J
• 5J
• 10J
• Max