Semperit: Outlook for annual results 2021 significantly above expectations
March 16, 2021 at 10:25 pm EDT
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15.03.2021, 10:35 h (Disclosed inside information / Adhoc Release)
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Vienna, Austria, 15 March 2021 - Based on current figures, the Executive Board of Semperit AG Holding expects the Group's EBITDA for the full year 2021 to be around EUR 395.0 million and thus significantly above the EBITDA for the 2020 financial year which will be published on 18 March. This earnings forecast depends in particular on the timely availability of necessary raw materials and their price development, the sales prices for medical protective gloves during the course of the year, and sufficient container availability for the delivery of Semperit Group's products.
Contact:
Monika Riedel
Director Group Brand Management, Corporate Spokesperson
+43 676 8715 8620
Judit Helenyi
Director Investor Relations
+43 676 8715 8310
About Semperit:
The publicly listed company Semperit AG Holding is an internationally-oriented group that develops, produces, and sells in more than 100 countries highly specialised rubber products for the industrial and medical sectors: hydraulic and industrial hoses, conveyor belts, escalator handrails, construction profiles, cable car rings, products for railway superstructures, and examination and surgical gloves. The headquarters of this long-standing Austrian company, which was founded in 1824, are located in Vienna. The Semperit Group employs around 7,000 people worldwide, including about 3,800 in Asia and around 900 in Austria (Vienna and production site in Wimpassing, Lower Austria). The Group has 14 manufacturing facilities worldwide and numerous sales offices in Europe, Asia, Australia, and America. In 2019, the group generated revenue of EUR 840.6 million and an adjusted EBITDA (without one-off effects) of EUR 63.8 million.
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Semperit AG Holding published this content on 15 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2021 02:25:03 UTC.
Semperit AG Holding is an Austria-based holding company. The Company is engaged in the development, production and marketing of polymer products for a wide range of industrial applications such as hydraulic and industrial hoses, conveyor belts, escalator handrails, building construction profiles, cable car rings as well as railway superstructure products and many others. Its product line are used in industries such as Agriculture, Bulk Transportation Systems, Construction Industry, Manufacturing Industry, Health Care, Shipping Industry, Packaging Industry, Renewable Energy & Power Generation, Automotive Industry, Steel Industry among others. It has production facilities in over 16 countries on three continents, and maintains its own global distribution network with branches in Asia, Europe, the United States and Latin America.