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Strong financial and balance sheet figures: STEMMER IMAGING proposes EUR 2.70 dividend and announces market entry in North America

EQS-News: STEMMER IMAGING AG / Key word(s): Annual Results/Annual Report Strong financial and balance sheet figures: STEMMER IMAGING proposes EUR 2.70 dividend and announces market entry in North America 28.03.2024 / 07:00 CET/CEST The issuer is solely responsible for the content of this announcement. Puchheim, March 28, 2024

Strong financial and balance sheet figures: STEMMER IMAGING proposes EUR 2.70 dividend and announces market entry in North America

Puchheim, March 28, 2024 – STEMMER IMAGING AG (ISIN DE000A2G9MZ9 / GSIN A2G9MZ) publishes its final figures for the 2023 financial year today.

• Revenue at EUR 146.3 million (previous year: EUR 155.4 million)
• Record gross margin increases to 39.7% (previous year: 37.6%)
• EBITDA at EUR 27.0 million (previous year: EUR 28.2 million) – EBITDA margin 18.4% (previous year: 18.2%)
• Inventory reduction to EUR 12.7 million (previous year: EUR 18.9 million)
• Free Cashflow increases to EUR 19.3 million (previous year: EUR 17.4 million)
• Dividend proposal to the Annual General Meeting: EUR 2.70 per share
• Acquisition of 100% of shares in Phase 1 Technology Corp., New York, USA

In the annual report 2023 published today, STEMMER IMAGING confirms its preliminary financial figures with record gross and EBITDA margins and proposes a shareholder-oriented dividend of EUR 2.70 per share. At the same time, the company announces its entry into the North American market with the acquisition of Phase 1 Technology Corp, New York USA.

KEY FIGURES (in MEUR)		FY 2023	FY 2022	YOY
Order Intake		130.0	162.4	- 20.0%
Revenue		146.3	155.4	- 5.8%
EBITDA		27.0	28.2	- 4.6%
EBIT		21.9	24.3	- 10.2%
EBT		21.8	24.3	- 10.3%
Net Income		15.7	18.0	- 12.5%
Earnings per Share (in EUR)		2.42	2.77	- 12.6%