Disclosure of an inside information according to Article 17 MAR of the Regulation (EU) No 596/2014

Hamburg, 3^rd May 2024 – The Management Board of MDAX-listed Encavis AG publishes today already preliminary Key Performance Indicators of the first quarter 2024:

Net revenue decrease of more than 12% compared to previous year to around EUR 86.6 million
(previous year: EUR 98.8 million)

Decrease of adjusted EBITDA*) of more than 24% compared to previous year to around EUR 48.5 million (previous year: EUR 64.3 million)

Decrease of adjusted EBIT*) of more than 48% compared to previous year to around EUR 18.2 million (previous year: EUR 35.3 million)

Adjusted Earnings Per Share*) (EPS) turns into the negative of around EUR –0.04
(previous year: EUR 0.09)

Decrease of operating cash flow of around 30% compared to previous year to around EUR 36.3 million (previous year: EUR 51.8 million)

All KPIs are significantly below last year‘s figures but roughly on planned level. Therefore the Management Board confirms the guidance for FY 2024.

*) Explanations and calculation of the adjusted operating earnings figures can be found in the Annual Report / Consolidated Financial Statements 2023 of Encavis AG beginning on page 17 and at page 37.

The Annual Report / Consolidated Financial Statements 2023 of Encavis AG are available at:
https://www.encavis.com/en/green-capital/investor-relations/financial-reports

 

Contact / Notifying Person:

Jörg Peters       
Head of Corporate Communications & IR

Tel.: + 49 40 37 85 62 242     
E-Mail: joerg.peters@encavis.com

Additional information can be found on www.encavis.com