Metalcorp Group S.A.

  • WKN: A19MDV
  • ISIN: DE000A19MDV0
  • Land: Luxemburg

Nachricht vom 05.02.2018 | 10:00

Metalcorp Group reports sharp rise in revenues and earnings for 2017

DGAP-News: Metalcorp Group B.V. / Key word(s): Final Results/Preliminary Results

05.02.2018 / 10:00
The issuer is solely responsible for the content of this announcement.


Metalcorp Group reports sharp rise in revenues and earnings for 2017
- Preliminary consolidated revenues climb 46.7% to EUR 622.8 million
- Preliminary consolidated EBITDA up 52.8% to EUR 30.1 million

Amsterdam, 5 February 2018 - According to preliminary figures, Metalcorp Group B.V., a globally operating provider of procurement, logistics and trade services in the ferrous and non-ferrous sectors as well as one of Europe's leading independent producers of secondary aluminium slabs, was able to achieve the projected strong increase in consolidated earnings as compared to the previous year. The company continues to benefit from its service-oriented business strategy and its diversified product range. In the fiscal year 2017, preliminary consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) improved by 52.8% from EUR 19.7 million to EUR 30.1 million on an increased business volume (sharp rise in ferrochrome, steel and niche products) and higher consolidated revenues of EUR 622.8 million (2016: EUR 424.5 million). Consolidated earnings before taxes (EBT) climbed 70.7% to EUR 16.9 million (previous year: EUR 9.9 million).

Preliminary consolidated total assets rose from EUR 336.3 million to EUR 432.9 million, while preliminary consolidated equity climbed from EUR 122.2 million to EUR 139.1 million, which is equivalent to a preliminary equity ratio of 32.1% (31 December 2016: 36.3%).

The company's aluminium production in Berlin showed a particularly positive trend and reached record results. In 2017, Metalcorp's subsidiary, BAGR Berliner Aluminiumwerk GmbH, acquired an interest in Alu Stockach GmbH to further expand this business segment. The company also produces secondary aluminium slabs and thus ideally complements BAGR's existing activities in terms of geographic location and product portfolio.

The service-based steel automotive operations taken over at the end of 2016 contributed over EUR 100 million to revenues in 2017 and thus helped to clearly strengthen the steel segment.

The audited consolidated financial statements for 2017 are scheduled to be published on the company's website at www.metalcorpgroup.com in April 2018.

About Metalcorp Group B.V.:
Metalcorp Group is a globally operating provider of procurement, logistics and trade services in the ferrous and non-ferrous sectors as well as one of Europe's leading independent producers of secondary aluminium ingots. Its core competence in all segments are so-called back-to-back transactions requiring no stock-keeping, which make the Group's operations largely immune to price risks and neutralise other trading risks. With its subsidiaries and own offices the Group operates in 18 countries around the world and has four production facilities in Europe. The 2013/2018 bond (ISIN: DE000A1HLTD2) is traded in the Basic Board segment of the Open Market of Deutsche Börse AG ("Freiverkehr" of the Frankfurt Stock Exchange), while the 2017/2022 bond (ISIN: DE000A19MDV0) is traded in the Open Market of Deutsche Börse AG ("Freiverkehr" of the Frankfurt Stock Exchange).

For further information:
Frank Ostermair, Linh Chung
Better Orange IR & HV AG
+49 (0)89 8896906-25
metalcorp@better-orange.de

Metalcorp Group B.V.
Ricardo Phielix, Mark Nunes
+31 (0) 20 890 89 00
rphielix@metalcorpgroup.com
mnunes@metalcorpgroup.com



05.02.2018 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



show this

Event im Fokus

Termine 2021

10. Juni 2021:Fachkonferenz Immobilien

14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure

13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie

10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix

„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“

GBC-Fokusbox

Cryptology Asset Group: „Wollen führender Krypto-Asset-Investor in Europa sein“

Die Cryptology Asset Group ist eine börsennotierte Beteiligungsgesellschaft mit Fokus auf Krypto-Assets und Blockchain-basierte Geschäftsmodelle. Dafür steht der Crypotolgy ein breites Netzwerk an Experten zur Verfügung, u. a. Christian Angermayer und Mike Novogratz, zwei der weltweit prominentesten Figuren im Kryptogeschäft, die gleichzeitig auch zu den Gründern und Hauptgesellschafter des Unternehmens zählen. Wir haben mit dem CEO der Gesellschaft Patrick Lowry über die Perspektiven für Krypto-Assets und Blockchain-basierte Unternehmen gesprochen.

News im Fokus

Delivery Hero bringt Service nach Berlin mit weiteren Expansionsplänen für Deutschland

12. Mai 2021, 07:00

Aktueller Webcast

EQS Group AG

Videokonferenz Ergebnisse des 1. Quartals 2021

14. Mai 2021

Aktuelle Research-Studie

Original-Research: GBC Insider Focus Index (von GBC AG): GBC Insider Focus Index

12. Mai 2021