KAP Aktie
WKN: 620840 / ISIN: DE0006208408
24.05.2022 07:30:18
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DGAP-News: KAP AG CONFIRMS ANNUAL FORECAST FOR 2022 FOLLOWING ROBUST BUSINESS DEVELOPMENT IN THE FIRST QUARTER
DGAP-News: KAP AG
/ Key word(s): Quarterly / Interim Statement/Quarter Results
KAP CONFIRMS ANNUAL FORECAST FOR 2022 FOLLOWING ROBUST BUSINESS DEVELOPMENT IN THE FIRST QUARTER
Significant contribution to revenue and earnings from successfully completed acquisition Heterogeneous development of the segments in terms of revenue and earnings Revenue in the engineered products segment increased by 26.3% to 38.1 million (previous year: 30.2 million). Normalised EBITDA decreased slightly to 2.5 million (previous year: 2.9 million), due to higher costs for raw materials, freight and energy. Despite supply chain problems in the automotive sector, the surface technologies segment remained relatively stable with a slight decline in revenue of 0.7% to 15.7 million (previous year: 15.8 million). However, normalised EBITDA fell to 1.5 million (previous year: 3.3 million) on account of higher chemicals and energy costs. In the precision components segment, revenue decreased by 8.3% to 10.9 million (previous year: 11.9 million), while normalised EBITDA dropped significantly to 0.6 million (previous year: 1.3 million). Both the supply chain and semiconductor problems on the customer side and the significant price increases on the purchasing side, which can only be passed on with a time lag, are having a negative impact on the precision components segment. Forecast for the 2022 financial year confirmed The complete statement for the first quarter of 2022 is available to download at this link. About KAP AG
24.05.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | KAP AG |
Edelzeller Straße 44 | |
36043 Fulda | |
Germany | |
Phone: | 06611030 |
Fax: | 0661103830 |
E-mail: | office@kap.de |
Internet: | www.kap.de |
ISIN: | DE0006208408 |
WKN: | 620840 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1359225 |
End of News | DGAP News Service |
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1359225 24.05.2022

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