Eckert & Ziegler with significant increase in sales (+17%) and adjusted EBIT (+41%) in Q1. Forecast 2024 confirmed.

Berlin, 14 May 2024. Die Eckert & Ziegler SE (ISIN DE0005659700, TecDAX) increased sales by 17% to € 67.6 million in the first quarter of 2024 compared to the same period of the previous year. EBIT before special items from continuing operations (adjusted EBIT) rose by around € 4.4 million to € 15.0 million. Net profit (from continuing and discontinued operations) increased by 79% and reached € 8.5 million or € 0.41 per share.

 

1st Quarter 2024:

  • Sales of € 67.6 million (previous year: € 57.9 million)
  • EBIT before special items of € 15.0 million (previous year: € 10.6 million)
  • Net income € 8.5 million (previous year: € 4.7 million) 

Forecast FY 2024:

  • Sales of just under € 265 Mio. (confirmed)
  • EBIT before special items of around € 50 million (confirmed)

 

 

Berlin, 14 May 2024. Die Eckert & Ziegler SE (ISIN DE0005659700, TecDAX) increased sales by 17% to € 67.6 million in the first quarter of 2024 compared to the same period of the previous year. EBIT before special items from continuing operations (adjusted EBIT) rose by around € 4.4 million to € 15.0 million. Net profit (from continuing and discontinued operations) increased by 79% and reached € 8.5 million or € 0.41 per share.

In the first three months of the year, sales in the Medical segment were around € 10.4 million or 43% higher than in the previous year at € 34.6 million. The main growth driver continues to be the business with pharmaceutical radioisotopes, while sales from plant engineering also increased significantly.
The Isotope Products segment generated external sales of € 33.1 million, which was € 0.7 million or around 2% lower than in the first three months of 2023. Compared to the same period of the previous year, there were shifts between the product groups towards higher-margin products.

The forecast for the 2024 financial year published on March 22, 2024, remains unchanged. The Executive Board continues to expect sales of just under € 265 million and EBIT (earnings before interest and taxes) from continuing operations before special items of around € 50 million.

The complete quarterly report can be viewed here:
www.ezag.com/fileadmin/user_upload/ezag/investors-financial-reports/englisch/euz124e.pdf

 

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