UK markets close in 5 hours 16 minutes
  • FTSE 100

    7,582.13
    -7.53 (-0.10%)
     
  • FTSE 250

    22,679.63
    +24.61 (+0.11%)
     
  • AIM

    1,150.71
    +1.22 (+0.11%)
     
  • GBP/EUR

    1.2010
    +0.0011 (+0.09%)
     
  • GBP/USD

    1.3622
    +0.0010 (+0.07%)
     
  • BTC-GBP

    30,985.86
    +122.08 (+0.40%)
     
  • CMC Crypto 200

    1,002.15
    +7.40 (+0.74%)
     
  • S&P 500

    4,532.76
    -44.35 (-0.97%)
     
  • DOW

    35,028.65
    -339.82 (-0.96%)
     
  • CRUDE OIL

    86.72
    -0.24 (-0.28%)
     
  • GOLD FUTURES

    1,837.50
    -5.70 (-0.31%)
     
  • NIKKEI 225

    27,772.93
    +305.70 (+1.11%)
     
  • HANG SENG

    24,952.35
    +824.50 (+3.42%)
     
  • DAX

    15,802.86
    -6.86 (-0.04%)
     
  • CAC 40

    7,149.53
    -23.45 (-0.33%)
     

ALLGEIER SE: Guidance for fiscal year 2022 and mid-term forecast

  • Oops!
    Something went wrong.
    Please try again later.
·3-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

ALLGEIER SE / Key word(s): Forecast
ALLGEIER SE: Guidance for fiscal year 2022 and mid-term forecast

17-Dec-2021 / 17:38 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Publication of inside information pursuant to Art. 17 MAR
Munich, December 17, 2021 - The Management Board of Allgeier SE (ISIN DE000A2GS633, WKN A2GS63), Munich, expects revenues in the range of EUR 480 to 520 million in the coming fiscal year 2022 according to the Group planning approved today. Allgeier SE's expected adjusted EBITDA for 2022 is between EUR 63 million and EUR 69 million. The corresponding adjusted EBITDA margin is expected to increase significantly to between 13 and 14 percent.

In the medium term, for the next three years the Management Board is targeting an annual organic growth rate of 10 to 15 percent and an adjusted EBITDA margin of 15 percent.

For the current fiscal year 2021, as confirmed on November 12, 2021 in Allgeier SE's Q3 interim information, revenues are expected to be in the range of EUR 380 million to EUR 420 million and adjusted EBITDA between EUR 39 million and EUR 43 million.

All of the above plan figures and targets for the period from 2022 relate to organic Group growth. Potential further acquisitions may make an additional contribution to sales and earnings growth.

Notes
It should be noted that disclosures for periods after September 30, 2021 represent expectations of the Management Board based on assumptions and estimates. Future actual developments and future actual results may deviate from these assumptions and estimates. Allgeier SE assumes no guarantee and no liability that future developments and actual results achieved in the future will correspond to the assumptions and estimates expressed in this ad hoc announcement.

This document contains supplementary financial measures - not precisely defined in relevant accounting frameworks - that are or may be so-called alternative performance measures. These supplementary financial measures may be of limited use as an analytical tool and should not be used in isolation or as an alternative to the financial measures presented in the consolidated financial statements and determined in accordance with relevant accounting frameworks in assessing the financial position, financial performance and cash flows of Allgeier SE. Other companies that present or report alternative performance measures with a similar title may calculate them differently and therefore they may not be comparable. For more information on the alternative performance measures used by Allgeier SE, please refer to the Annual Report 2020.

Contact:

Allgeier SE

Corporate Communications & Investor Relations
Dr. Christopher Große
Einsteinstr. 172
81677 Munich
Tel.: +49 (0)89/998421-0
Fax: +49 (0)89/998421-11
E-mail: ir@allgeier.com
Web: www.allgeier.com

17-Dec-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

ALLGEIER SE

Einsteinstraße 172

81677 München

Germany

Phone:

+49 (0) 89 - 99 84 21 0

Fax:

+49 (0) 89 - 99 84 21 11

E-mail:

info@allgeier.com

Internet:

http://www.allgeier.com

ISIN:

DE000A2GS633

WKN:

A2GS63

Indices:

CDAX

Listed:

Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange

EQS News ID:

1259655


 

End of Announcement

DGAP News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting