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Gerresheimer AG (0NTI.IL)

IOB - IOB Delayed price. Currency in EUR
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89.10+1.10 (+1.25%)
As of 1:59PM BST. Market open.
Full screen
Previous close88.00
Open88.10
Bid87.95 x 0
Ask89.85 x 0
Day's range87.90 - 89.25
52-week range82.45 - 103.40
Volume2,772
Avg. volume37,932
Market cap2.798B
Beta (5Y monthly)1.05
PE ratio (TTM)30.07
EPS (TTM)2.96
Earnings dateN/A
Forward dividend & yield1.25 (1.41%)
Ex-dividend date10 Jun 2021
1y target estN/A
  • Gerresheimer AG: Gerresheimer accelerates revenue growth
    EQS Group

    Gerresheimer AG: Gerresheimer accelerates revenue growth

    DGAP-News: Gerresheimer AG / Key word(s): Quarterly / Interim Statement/Half Year Report13.07.2021 / 07:00 The issuer is solely responsible for the content of this announcement.Gerresheimer accelerates revenue growth Organic Group revenue growth of 7.5 %, and 7.1 % in core business Solutions for biotech drugs and high-value solutions continue to drive revenues increase Organic adjusted EBITDA margin at 22.8 % in core business Adjusted earnings per share up organically by 19.1 % to EUR 1.28 Guida

  • EQS Group

    Gerresheimer AG: Gerresheimer AG extends CEO Dietmar Siemssen's contract by five years

    DGAP-News: Gerresheimer AG / Key word(s): Personnel/Contract18.02.2021 / 07:01 The issuer is solely responsible for the content of this announcement.Gerresheimer AG extends CEO Dietmar Siemssen's contract by five yearsDuesseldorf, February 18, 2021 - At its meeting yesterday, the Supervisory Board of Gerresheimer AG extended the contract with CEO Dietmar Siemssen (57) to the end of October 2026. Dietmar Siemssen has been CEO of Gerresheimer AG since November 2018."Dietmar Siemssen has put Gerresheimer on the growth path. His strategy for sustainable and profitable growth is clearly successful. He is moving the Company forward at a rapid pace, forging ahead with innovation, excellence, sustainability as well as customer and employee focus. The Supervisory Board is confident that Dietmar Siemssen will continue to advance Gerresheimer's transformation in the same targeted and focused manner," said Dr. Axel Herberg, Chairman of the Gerresheimer AG Supervisory Board."I would like to thank the Supervisory Board for the trust they have placed in me. We are now right in the middle of transforming Gerresheimer into a growth company as an innovation leader and solution provider," said Dietmar Siemssen, CEO of Gerresheimer AG. "Many of the measures we have taken to position our Company for growth over the past two years are now taking effect. We will continue to accelerate on this growth path. For my part, I will do my utmost to manage our Gerresheimer successfully and sustainably in the years ahead for the benefit of our employees, our shareholders and other stakeholder groups. This is an exciting time of change for our Company. I look forward to working with the Management Board team on implementing our ambitious plans."Press contactJens KürtenGroup Senior Director Communication & MarketingT +49 211 6181-250F +49 211 6181-241jens.kuerten@gerresheimer.comInvestor Relations contactCarolin NadiloCorporate Director Investor RelationsT +49 211 6181-220F +49 211 6181-121carolin.nadilo@gerresheimer.com18.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de Language: English Company: Gerresheimer AG Klaus-Bungert-Str. 4 40468 Düsseldorf Germany Phone: +49-(0)211/61 81-314 Fax: +49-(0)211/61 81-121 E-mail: jens-philipp.briemle@gerresheimer.com Internet: http://www.gerresheimer.com ISIN: DE000A0LD6E6 WKN: A0LD6E Indices: MDAX (Aktie) Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1169222 End of News DGAP News Service

  • EQS Group

    Gerresheimer AG: Gerresheimer presents strong fourth quarter

    DGAP-News: Gerresheimer AG / Key word(s): Annual Results/Quarter Results18.02.2021 / 07:00 The issuer is solely responsible for the content of this announcement.Gerresheimer presents strong fourth quarter Transformation in full swing: Continuous focus on growth delivers first positive results Fourth-quarter Group revenues rise to 403m Euro: 7.3 % organic growth in the core business Fourth-quarter adjusted EBITDA up to 100m Euro; 6.5 % organic growth in the core business Target range for the financial year 2020 reached despite the impact of the pandemic Dividend proposal: Increase to 1.25 Euro per share Outlook for the financial year 2021 confirmedDuesseldorf, February 18, 2021-Gerresheimer AG posted strong growth in the fourth quarter of 2020 and landed inside the target range despite the negative impact of the COVID-19 pandemic. "Business in the fourth quarter was very strong. It was the best quarter in the Company's history. Despite the negative impact of the coronavirus pandemic, especially in our cosmetics business, we reached our goals for 2020. The successful acceleration of growth in large parts of our core business demonstrates the effectiveness of our measures and makes us very confident about our business performance in the next few years. We continued to focus on implementing our strategic process in 2020. We are transforming our Gerresheimer into a growth company as innovation leader and solutions provider," said Dietmar Siemssen, CEO of Gerresheimer AG. "We are mobilizing the entire Company. We have set ourselves ambitious goals with our strategy. We aim to accelerate our revenue growth in 2021 and achieve high single-digit growth rates in the medium term. We let our shareholders share in our success. The Management Board and Supervisory Board are proposing a dividend of 1.25 Euro per share for the financial year 2020, the tenth increase in a row."Gerresheimer AG generated revenues of 403m Euro in the fourth quarter, representing organic growth of 7.3% in the core business comprising the Plastics & Devices and Primary Packaging Glass Divisions. The Gerresheimer Group generated revenues of approximately 1,419m Euro in the financial year 2020. Organic growth in the core business totaled 3.8%.The Plastics and Devices Division recorded organic growth of 6.0 % in the fourth quarter. This was attributable in particular to the syringe business as well as the Medical Plastic Systems business, each of which recorded double-digit growth rates. Alongside the strong syringe business, sales of inhalers, insulin pens, and plastic packaging contributed to the positive development in the financial year 2020 with an organic growth of 4.7 %.The Primary Packaging Glass Division recorded an organic growth rate of 9.1 % in the fourth quarter 2020. This good result was underlined by first significant revenues from sales of innovative products like Gx ELITE Glass and ready-to-fill vials. Demand for high-quality perfume flacons was down substantially year on year in the financial year 2020 because of COVID-19. Nevertheless the Primary Packaging Glass Division showed an organic growth of 2.7 %. Excluding the cosmetic business the organic growth in this division was 6.7 % in 2020.In the fourth quarter 2020, Gerresheimer recorded first significant revenues from vials for Covid-19 vaccinations. Gerresheimer has significantly expanded its production capacity for injection vials. This has seen the Company embrace its responsibilities and make a key contribution to combating the pandemic by supplying glass vials to be filled with vaccines.Adjusted EBITDA in the fourth quarter of 2020 came to 100m Euro. In the core business, adjusted EBITDA rose organically by 6.5 % compared to the prior-year quarter. The Group's adjusted EBITDA margin in the fourth quarter of 2020 stood at 24.8 %. At 42m Euro, adjusted net income was up significantly on the prior-year quarter.The Gerresheimer Group generated adjusted EBITDA of 310m Euro in the financial year 2020, with adjusted EBITDA growing organically by 7.9 % in the core business. The Group's adjusted EBITDA margin was 21.9 % and adjusted net income came to 124m Euro. This produced adjusted earnings per share of 3.90 Euro, of which the Company plans to distribute as dividend 1.25 Euro per share. Adjusted EBITDA leverage on November 30, 2020, was 3.0x.Forecast Outlook for the financial year 2021 (core business, at constant exchange rates): Revenue growth in the mid-single-digit percentage range Adjusted EBITDA margin between 22 and 23 % Adjusted earnings per share to improve by around 10 %Medium term (core business, at constant exchange rates): Revenue growth in the high single-digit percentage range Adjusted EBITDA margin of around 23 % Adjusted earnings per share to improve by at least 10 % per yearThe Annual Report 2020 is available here:https://www.gerresheimer.com/en/company/investor-relations/reportsPress contactJens KürtenGroup Senior Director Communication & Marketing CorporateT +49 211 6181-250F +49 211 6181-241jens.kuerten@gerresheimer.comInvestor Relations contactCarolin NadiloDirector Investor RelationsT +49 211 6181-220F +49 211 6181-121carolin.nadilo@gerresheimer.com Key figures (IFRS) of Gerresheimer Group In EUR m Q4 2020 Q4 2019 Change in %7) Results of Operations Revenues 402,8 368,6 9,3 organic group 13,2 organic core business1) 7,3 Adjusted EBITDA2) 99,9 81,6 22,5 organic group 26,0 organic core business1) 6,5 Adjusted EBITDA margin in % 24,8 22,1 +270bps Adjusted net income3) 41,8 28,0 49,1 Adjusted earnings per share4) in EUR 1,31 0,88 - Net Assets Q4 2020 Q4 2019 Change in %7) Equity ratio in % 34,4 35,6 -120bps Net financial debt 961,2 942,7 2,0 Adjusted EBITDA leverage5) 3,0 2,4 - Financial Position Cash flow from operating activities 124,9 137,6 -9,2 Cash flow from investing activities -64,5 -75,7 -14.7 Free cash flow before M&A activities 60,2 62,3 -2,1 Key figures (IFRS) of Gerresheimer Group In EUR m Financial Year 2020 Financial Year 2019 underlying6) Change in %7) Results of Operations Revenues 1.418,8 1.406,5 0,9 organic group 2,6 organic core business1) 3,8 Adjusted EBITDA2) 310,1 296,7 4,5 organic group 1,7 organic core business1) 7,9 Adjusted EBITDA margin in % 21,9 21,1 +80bps Adjusted net income3) 123,7 128,7 -3,8 Adjusted earnings per share4) in EUR 3,90 4,04 -3,5 Net Assets Financial Year 2020 Financial Year 2019 Change in %7) Equity ratio in % 34,4 35,6 -120bps Net financial debt 961,2 942,7 2,0 Adjusted EBITDA leverage5) 3,0 2,4 - Financial Position Cash flow from operating activities 222,2 192,9 15,2 Cash flow from investing activities -157,0 -203,2 -22,7 Free cash flow before M&A activities 65,2 33,6 93,6 1) The core business consists of the Plastics & Devices and the Primary Packaging Glass divisions; for adjusted EBITDA purposes also including head office/consolidation expenses.2) Adjusted EBITDA: Net income before income taxes, net finance expense, amortization/impairment losses of fair value adjustments, depreciation and amortization, impairment losses, restructuring expenses, and one-off income and expenses.3) Adjusted net income: Net income before amortization/impairment losses of fair value adjustments, restructuring expenses, the balance of one-off income and expenses, and the related tax effects.4) Adjusted earnings per share, attributable to shareholdes of Gerresheimer AG, calculated on the basis of 31.4m shares.5) Adjusted EBITDA leverage: The relation of net financial debt to adjusted EBITDA of the last twelve months according to the credit agreement currently in place.6) The disclosed figures take into account various necessary adjustments in the financial year 2019 due to the cancellation of a project to develop a micro pump (see corporate news from Feb. 19, 2020 for further details) as well as the effects from the deconsolidation of the Argentinian subsidiary.7) The change has been calculated on a EUR k basis.18.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de Language: English Company: Gerresheimer AG Klaus-Bungert-Str. 4 40468 Düsseldorf Germany Phone: +49-(0)211/61 81-314 Fax: +49-(0)211/61 81-121 E-mail: jens-philipp.briemle@gerresheimer.com Internet: http://www.gerresheimer.com ISIN: DE000A0LD6E6 WKN: A0LD6E Indices: MDAX (Aktie) Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1169221 End of News DGAP News Service