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Washtec AG (WSU.F)

Frankfurt - Frankfurt Delayed price. Currency in EUR
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56.00+0.50 (+0.90%)
As of 9:16AM CEST. Market open.
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Previous close55.50
Open56.00
Bid56.50 x 30300
Ask56.90 x 30000
Day's range56.00 - 56.00
52-week range33.85 - 60.60
Volume90
Avg. volume21
Market cap749.409M
Beta (5Y monthly)0.78
PE ratio (TTM)32.39
EPS (TTM)1.73
Earnings date26 Jul 2019
Forward dividend & yield0.99 (1.80%)
Ex-dividend date19 May 2021
1y target est78.88
  • EQS Group

    WashTec AG: Group revenue in second quarter back at pre-pandemic level; Q2 EBIT, at €14.5m, broadly regains level from previous years

    DGAP-News: WashTec AG / Key word(s): Half Year Report/Half Year Results28.07.2021 / 08:00 The issuer is solely responsible for the content of this announcement. Group revenue was €195.0m year to date (prior year: €175.4m) and €110.2m in second quarter (prior year: €88.1m) Group EBIT was €18.0m year to date (prior year: €5.2m) and €14.5m in second quarter (prior year: €3.5m) Free cash flow (including repayment of lease liabilities) €14.2m year to date (prior year: € 9.6m) and €10.3m in second qua

  • EQS Group

    WashTec AG: WashTec raises revenue and earnings expectation for 2021

    WashTec AG / Key word(s): Change in Forecast/ForecastWashTec AG: WashTec raises revenue and earnings expectation for 202113-Jul-2021 / 12:08 CET/CESTDisclosure 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.As a result of the strong second quarter and continued encouraging order intake, WashTec raises its revenue guidance for the 2021 financia

  • EQS Group

    WashTec AG: EBIT more than doubled in first quarter despite weather- and pandemic-related revenue shortfall

    DGAP-News: WashTec AG / Key word(s): Quarterly / Interim Statement26.04.2021 / 15:00 The issuer is solely responsible for the content of this announcement. Group revenue €84.8m (prior year: €87.3m) Group EBIT €3.5m (prior year: €1.7m); EBIT margin 4.1% Free cash flow (including repayment of lease liabilities) €3.9m (prior year: € - 0.6m) Order backlog well above prior year Adjusted guidance for full year 2021: significant increase in revenue and EBITAugsburg, April 26, 2020 - The WashTec Group - the leading supplier of innovative solutions for the carwash business worldwide - generated revenue of €84.8m in the first quarter, down 2.9% on the prior year (€87.3m). At constant exchange rates, the first quarter decrease in revenue was 1.9%. Apart from weather conditions, the slight fall in Q1 revenue year-over-year was primarily driven by less revenue from key accounts. In contrast to this, direct business increased significantly. When comparing the figures, it should be noted that that business in the first quarter of 2020 was still mainly unaffected by the COVID-19 pandemic.The Group's EBIT rose by around 106% and was significantly higher than prior year at €3.5m (prior year: €1.7m). Thanks to structural adjustments made last year and the resulting cost savings, the Company was able to double the Group's EBIT despite lower revenue. The EBIT margin was 4.1%, up from 1.9% in the prior-year period.Despite ongoing uncertainty due to the COVID-19 pandemic, order intake showed healthy growth in March especially, resulting in a significant increase in the order backlog by the end of March. The Company recorded double-digit growth here both in the direct sales business and with key accounts. The order backlog at the end of the first quarter was significantly higher than in the prior year.Free cash flow including repayment of lease liabilities (net cash flow - cash outflow from Investing activities - repayment of lease liabilities) increased year-on-year to €3.9m (prior year: €-0.6m). This is mainly due to the improvement in earnings and to lower tax payments.The Company adjusted its revenue guidance on April 20, 2021. Due to an improved order intake, also in the key accounts business, the Company now expects a significant increase in revenue and in EBIT for the full year 2021.The Q1 financial statement and further information about WashTec can be found on: www.washtec.de.About WashTec: WashTec Group with its registered office in Augsburg, Germany, is the leading provider of innovative car wash solutions worldwide. The company has about 1,800 employees and is represented with subsidiaries in the major markets of Europe, North America and Asia/Pacific. Moreover, WashTec has an extensive network of independent marketing partners through which it is present in around 80 countries worldwide.Key figures: €m, IFRS Q1 2021 Q1 2020 Change in % Revenue 84.8 87.3 -2.9 EBIT 3.5 1.7 105.9 EBIT margin in % 4.1 1.9 - EBT 3.3 1.6 106.3 Net income 2.0 -0.2 1,100.0 Earnings per share 1) (in €) 0.15 -0.02 1.100.0 Free cash flow including the repayment of lease liabilities 3.9 -0.6 750.0 €m, IFRS 31. Mar 21 31. Dec 20 Change abs. Balance sheet total 253.3 244.0 9.3 Equity 99.3 96.2 3.1 Equity ratio in % 39.2 39.4 -0.2 Net operating working capital2) 81.3 80.6 0.7 Employees 1,763 1,770 -7 1) Basis: on average 13,382,324 shares; Basic = diluted3) Trade receivables + inventories -trade payables - prepayments on ordersContact:WashTec AGArgonstrasse 786153 AugsburgTel.: +49 (0)821 - 5584 - 0Fax: +49 (0)821 - 5584 - 113526.04.2021 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: WashTec AG Argonstraße 7 86153 Augsburg Germany Phone: +49 (0)821 55 84-0 Fax: +49 (0)821 55 84-1135 E-mail: washtec@washtec.de Internet: www.washtec.de ISIN: DE0007507501 WKN: 750750 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1188227 End of News DGAP News Service