SURTECO GROUP SE: Solid start to the 2025 business year

EQS-News: SURTECO GROUP SE / Key word(s): Annual Report/Quarterly / Interim Statement SURTECO GROUP SE: Solid start to the 2025 business year 29.04.2025 / 07:05 CET/CEST The issuer is solely responsible for the content of this announcement. SURTECO GROUP SE: Solid start to the 2025 business year

• Earnings per share amount to € 0.54 in 2024 after € -0.79 in the previous year. Dividend proposal of € 0.30 per share.
• Sales for 2025 are projected at € 850 million to € 900 million. Adjusted EBITDA is expected between € 85 million and € 105 million.
• Solid start in business year 2025. Sales of € 222.3 million are at the year-earlier level and adjusted EBITDA is at € 26.7 million (2024: € 27.6 million).

Buttenwiesen, 29 April 2025 – Sales for the SURTECO Group amounted to € 856.6 million in the business year 2024, 3 % above the year-earlier level of € 835.1 million. The consolidation of the Omnova divisions over the entire year (over 10 months in the previous year) was therefore able to compensate for the ongoing weak demand in our sectors. EBITDA went up by 42 % to € 94.4 million (2024: € 66.6 million) and adjusted EBITDA (adjusted by one-off exceptional effects such as costs in connection with integration and transaction costs) rose by 10 % to € 95.3 million after € 86.4 million in the previous year. Earnings before financial result and income tax (EBIT) amounted to € 35.4 million (2024: € 8.1 million) and the consolidated net profit increased by 168 % to € 8.4 million after € -12.3 million in the previous year. The Supervisory Board and Management Board will submit a proposal to the ordinary Annual General Meeting that payment of a dividend of € 0.30 per share be paid. This corresponds to a payout rate in relation to consolidated net profit of around 55 %.

“In spite of the sustained weak demand, we succeeded in significantly raising our earnings in 2024. We are not anticipating any market momentum in the near future and will continue to focus on optimizing our production and workflow processes. Another top priority will be gaining new market shares and developing potential new markets on the back of product innovations.”, commented Wolfgang Moyses, Chairman of the Management Board of SURTECO GROUP SE.