Masterflex SE (MZX.F)
- EQS Group
Masterflex SE business development exceeds plan - Medium-term double-digit EBIT margin target already almost achieved
DGAP-News: Masterflex SE / Key word(s): Quarter Results/Quarterly / Interim Statement10.11.2021 / 07:32 The issuer is solely responsible for the content of this announcement.Masterflex SE business development exceeds plan - Medium-term double-digit EBIT margin target already almost achieved- Growth in the 9-month period above plan- Consolidated revenue 6.8% above previous year's level with EUR 59.6 million (9M/2020: EUR 55.8 million)- Consolidated operational EBIT increases by 64.7% to EUR 5.8 m
- EQS Group
Masterflex SE on course for growth in first half of 2021
DGAP-News: Masterflex SE / Key word(s): Half Year Report/Half Year Results11.08.2021 / 07:30 The issuer is solely responsible for the content of this announcement.Masterflex SE on course for growth in first half of 2021- Consolidated revenue increases by around 4.0% to EUR 38.9 million (previous year: EUR 37.4 million)- Consolidated operational EBIT rises by 49.6% to EUR 3.7 million- Medium-term "double digit" earnings target already nearly achieved with a 9.5% EBIT margin- High order backlog un
- EQS Group
Masterflex SE: Annual General Meeting approves dividend payment of EUR 0.08 per share
DGAP-News: Masterflex SE / Key word(s): AGM/EGM20.05.2021 / 07:30 The issuer is solely responsible for the content of this announcement.Masterflex SE: Annual General Meeting approves dividend payment of EUR 0.08 per shareGelsenkirchen, May 20, 2021 - At yesterday's Annual General Meeting of Masterflex SE, which was once again held in virtual form, the shareholders approved the proposal of the Management Board and Supervisory Board and resolved a dividend of EUR 0.08 per share (previous year: EUR 0.07) for fiscal year 2020. This means that a total of around EUR 769,467 (previous year: EUR 673,283) will be distributed from the net retained earnings of Masterflex SE. The members of the Management Board and the Supervisory Board were also discharged by the shareholders for the past fiscal year.In his address to the Annual General Meeting, CEO Dr. Andreas Bastin reported on fiscal year 2020, which was significantly impacted by the corona pandemic, and in which the company made great progress in implementing its "Back to Double Digit" optimization program, the effects of which are now becoming visible. CEO Dr. Andreas Bastin made this particularly clear in the increase in operating profitability in the first quarter of 2021, in which the EBIT margin of 11.3% was well within the double-digit target range. Based on the good start in the first quarter, the Management Board reaffirmed the forecast for 2021, which envisages sales growth of 2% to 5% and operating EBIT above the previous year in absolute and percentage terms. In a separate section of his speech, the CEO explained the sustainability strategy of Masterflex SE with regard to future ESG requirements.Dr. Andreas Bastin, CEO of Masterflex SE: "In fiscal year 2020, we made the best of the extreme situation with the coronavirus and showed what we are capable of as a company when it counts. Internally, we have done our homework in terms of profitability and productivity to such an extent that it is now time to set our sights on the next growth steps in order to also tap into new potential through selective acquisitions."The resolutions proposed under the agenda items Top 1 to Top 9 received clear approval from the Annual General Meeting. The supplementary proposals by J.F. Müller & Sohn AG, Hamburg, did not receive the required voting majorities. The voting presence was 56.17%. Further information on the 2021 Annual General Meeting and the detailed voting results will be available for downloading from the Investor Relations section of www.masterflexgroup.com.About Masterflex SE:The Masterflex Group is an expert on the development and manufacture of sophisticated connection and hose systems. With 14 operating units in Europe, America and Asia, the Group is represented nearly worldwide. Current drivers of its growth include internationalization, innovation, operational excellence and digitalization. Masterflex shares (WKN 549293) have been listed in the Prime Standard of the German Stock Exchange since 2000.IR Contact:Susan HoffmeisterInvestor RelationsTel.: +49 (0)89 125 09 03 33sh@crossalliance.dewww.crossalliance.de20.05.2021 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: Masterflex SE Willy-Brandt-Allee 300 45891 Gelsenkirchen Germany Phone: +49 (0)209 970770 Fax: +49 (0)209 9707733 E-mail: info@masterflexgroup.com Internet: www.MasterflexGroup.com ISIN: DE0005492938 WKN: 549 293 Indices: Prime all share Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1198475 End of News DGAP News Service
