EQS-News 113 0 Kommentare IBU-tec advanced materials AG publishes key financial figures 2023 / 2024 significant growth in sales and EBITDA again expected

Für Sie zusammengefasst

Significant growth in sales and EBITDA expected for 2023/2024.
Revenue in 2023 at EUR 48.3 million, EBITDA at approx. EUR 3.0 million.
Important milestones achieved in battery sector, new product launched.

EQS-News: IBU-tec advanced materials AG / Key word(s): Annual Results
IBU-tec advanced materials AG publishes key financial figures 2023 / 2024 significant growth in sales and EBITDA again expected

21.03.2024 / 09:03 CET/CEST
The issuer is solely responsible for the content of this announcement.

Corporate News

IBU-tec advanced materials AG publishes key financial figures 2023 / 2024 significant growth in sales and EBITDA again expected

Revenue in 2023 at EUR 48.3 million / EBITDA at approx. EUR 3.0 million
Important milestones achieved in the battery sector at the beginning of 2024: Cooperation with LANXESS and launch of the new product IBUvolt LFP 402
Forecast for 2024: Significant increase in revenue of around 25% year-on-year/ Above-average growth in EBITDA of 40-45% year-on-year
Annual Report 2023 will be published online later today

Weimar, March 21, 2024 – IBU-tec advanced materials AG ("IBU-tec", ISIN: DE000A0XYHT5) publishes its audited key financial figures for the 2023 financial year in accordance with HGB accounting. Accordingly, revenue in the most recently expected range was EUR 48.2 million, compared to EUR 53.9 million in the 2022 financial year (see ad hoc announcement dated December 21, 2023). EBITDA amounted to around EUR 3.0 million, compared to EUR 6.7 million in the same period of the previous year. The EBITDA margin was 6.1%. For IBU-tec, the past financial year was significantly characterized by challenging macroeconomic conditions, such as high inflation and increased raw material and energy prices. On the other hand, IBU-tec's growth area of battery materials continued to develop strongly. In 2023, sales in the battery sector amounted to 10.2 million euros, compared to 4.6 million euros in 2022 and 2.6 million euros in 2021. Correspondingly, the average annual growth rate (CAGR) over the three-year period was 98.1%. The growth rate from 2022 to 2023 was 121 %.

Seite 1 von 4

Seite 2 ►