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DGAP-News: Delignit AG: Delignit AG confirms record revenues in 2018 and looks positively into the future

DGAP-News: Delignit AG / Key word(s): Annual Results


Delignit AG: Delignit AG confirms record revenues in 2018 and looks positively into the future


02.04.2019 / 07:00



The issuer is solely responsible for the content of this announcement.


Delignit AG confirms record revenues in 2018 and looks positively into the future

- Revenues in 2018 rise by 14.4 percent to over EUR 60 million for the first time

- EBITDA 2018 increased by 15.9 percent to EUR 5.6 million

- Guidance 2019: EUR 70 million revenue; EBITDA margin 9.3 percent

 

Blomberg, 2nd April 2019. Delignit AG (ISIN DE000A0MZ4B0), a leading manufacturer of environmentally-friendly hardwood-based products and system solutions, was able to confirm the predicted growth forecast for 2018 and has achieved the highest revenue in the company's history with EUR 60.3 million (previous year EUR 52.7 million). At 9.3 percent, the earnings margin before interest, taxes, depreciation and amortization (EBITDA margin) was slightly above the prior-year margin of 9.2 percent. EBITDA thus rose to EUR 5.6 million in 2018 from EUR 4.9 million in the previous year. Consolidated net income improved by 33.4 percent to EUR 2.6 million from

EUR 1.9 million a year earlier. Delignit AG has achieved a result of EUR 0.31 per share in 2018 after EUR 0.24 in 2017.

The Management Board expects that the dynamic growth of recent years can be continued in the fiscal year 2019. Revenues are expected to rise to EUR 70 million in 2019, with the EBITDA margin at the 2018 level.
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