EQS-Adhoc: Brockhaus Technologies AG: Medium-term outlook; growth of revenue to between €290 and 320 million with an EBITDA margin of around 40% targeted by 2025
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EQS-Ad-hoc: Brockhaus Technologies AG / Key word(s): Results Forecast Brockhaus Technologies AG: Medium-term outlook; growth of revenue to between €290 and 320 million with an EBITDA margin of around 40% targeted by 2025
Frankfurt am Main, June 19, 2023. Brockhaus Technologies AG (BKHT, ISIN: DE000A2GSU42) provides a medium-term outlook in view of the operational development of its subsidiaries and for the purpose of transparency with regard to the prospects for the coming years. By 2025, revenue is supposed to increase to a level between €290 and 320 million. For comparison: In fiscal year 2022, BKHT generated revenue of €143 million. For 2023, the company has set a revenue forecast of between €165 and 175 million with an adjusted EBITDA between €58 to 61 million, which will continue to apply regardless of the new medium-term outlook. Profitability is also supposed to continuously increase. Thus, Brockhaus Technologies is aiming for an adjusted EBITDA margin of around 40% for the 2025 fiscal year. In 2022, this margin was almost 35%, a value that is also targeted for 2023. This would increase the adjusted EBITDA from €50 million (fiscal year 2022) to a value of approximately €120 million or more by 2025. The basis for this medium-term outlook are the current subsidiaries Bikeleasing, a digital B2B platform for brokerage, financing and managing employee benefits (Financial Technologies segment), and IHSE, a manufacturer of KVM technology (keyboard, video and mouse) for the highly secure, latency-reduced and loss-free transmission of data in "mission critical" applications (Security Technologies segment). Although BKHT expects to make further acquisitions in the future, the medium-term outlook is an "as-is" view. This means that the outlook does not include the effects of further material acquisitions.
Contact: Brockhaus Technologies – Paul Göhring Phone: +49 69 20 43 40 90 Fax: +49 69 20 43 40 971 E-Mail: [email protected] End of Inside Information
19-Jun-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | Brockhaus Technologies AG |
Thurn-und-Taxis-Platz 6 | |
60313 Frankfurt am Main | |
Germany | |
Phone: | +49 (0)69 2043 409 0 |
Fax: | +49 (0)69 2043 409 71 |
E-mail: | [email protected] |
Internet: | https://www.brockhaus-technologies.com/ |
ISIN: | DE000A2GSU42 |
WKN: | A2GSU4 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1660623 |
End of Announcement | EQS News Service |
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1660623 19-Jun-2023 CET/CEST
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