ISIN:DE0007856023

EQS-News: ElringKlinger enjoys solid start to 2024 financial year

Retrieved on: 
Friday, May 10, 2024
Depreciation, World Games, Environment, Tax, ElringKlinger, Growth, Film industry

The Group generated revenue of EUR 465.3 million in the period just ended (Q1 2023: EUR 487.7 million).

Key Points: 
  • The Group generated revenue of EUR 465.3 million in the period just ended (Q1 2023: EUR 487.7 million).
  • Asked to comment on the quarterly results, Thomas Jessulat, CEO of ElringKlinger, said "Overall, we succeeded in further reinforcing our financial base in the quarter under review.
  • The ElringKlinger Group’s financial position and cash flows remained very solid in the first quarter of 2024, with an equity ratio of 44.5% (Q1 2023: 44.4%) and a net debt-to-EBITDA ratio of 1.7 (Q1 2023: 2.0).
  • Although the economic environment remains challenging, ElringKlinger anticipates slight organic growth in revenue and, as regards earnings performance, an adjusted EBIT margin of around 5% for the 2024 financial year.

EQS-News: Minister-President Winfried Kretschmann visits ElringKlinger

Retrieved on: 
Friday, May 3, 2024
Investment, BMW, ElringKlinger, Renewable energy

Dettingen/Erms (Germany), April 24, 2024 +++ The Minister-President of Baden-Württemberg, Winfried Kretschmann, visited ElringKlinger's Dettingen/Erms and Neuffen plants today, where he personally discussed the transformation of the automotive and supplier industry with ElringKlinger CEO Thomas Jessulat.

Key Points: 
  • Dettingen/Erms (Germany), April 24, 2024 +++ The Minister-President of Baden-Württemberg, Winfried Kretschmann, visited ElringKlinger's Dettingen/Erms and Neuffen plants today, where he personally discussed the transformation of the automotive and supplier industry with ElringKlinger CEO Thomas Jessulat.
  • We are delighted that Minister-President Kretschmann has informed himself in detail about ElringKlinger.
  • Minister-President Winfried Kretschmann emphasized: "ElringKlinger is a company that shows initiative - an important partner for the state and for Europe.
  • In addition to ElringKlinger, the landlord and owner, the Leuze Group based in Owen, is investing up to EUR 10 million in the building extension.

EQS-News: Klaus Eberhardt legt Aufsichtsratsmandat nieder

Retrieved on: 
Wednesday, April 10, 2024
ElringKlinger, Unternehmen, Ablauf, Hauptversammlung, Mandat, Sinne, Weg, Transformation, Portfolio, Zukunft, Betriebswirtschaftliche Kennzahl, Richtung, Lebensalter, Zeitpunkt, Aufsichtsrat, Vorsitzender, Nachfolger, Professor, Rheinmetall, MTU, Aero, Engine, Sitzung, Vorschlag, Nachfolge, Fon, Zulieferer, Partner, Automobilindustrie, Expertise, Personenkraftwagen, Elektromotor, Verbrennungsmotor, Spezialist, Komponente, Baugruppe, Fahrzeug, Punkt, Gewichtsreduktion, Effizienz, Funktionsintegration, Aftermarket, Produkt, Hochleistungskunststoffe, Wirtschaftszweig, System, Mitarbeiter, Standort, Kunden, News, Service, Gruppe, Meldepflicht

EQS-News: 2023 financial year: ElringKlinger records improved earnings and high nomination volume for e-mobility applications

Retrieved on: 
Wednesday, April 10, 2024
EUR, Annual, Annual report, Uncertainty, Tax, Forecasting, Growth, Supervisory board, ElringKlinger, Supervision, Bank statement, BMW, Housing, Depreciation, Film industry

This will be driven in particular by the high volume of nominations that ElringKlinger received for e-mobility applications in 2023."

Key Points: 
  • This will be driven in particular by the high volume of nominations that ElringKlinger received for e-mobility applications in 2023."
  • In the financial year just ended, the Group managed to increase revenue by 2.7% to EUR 1,847.1 million (2022: EUR 1,798.4 million).
  • Thus, net income attributable to shareholders of ElringKlinger AG amounted to EUR 39.3 million in 2023 (2022: EUR -89.1 million).
  • This will be driven in particular by the high volume of nominations that ElringKlinger received for e-mobility applications in 2023."

EQS-News: Klaus Eberhardt to step down from Supervisory Board

Retrieved on: 
Wednesday, April 10, 2024
Annual, Rheinmetall, Supervisory board, Committee, ElringKlinger, MTU Aero Engines

Dettingen/Erms (Germany), March 14, 2024 +++ The Chairman of the Supervisory Board of ElringKlinger AG, Klaus Eberhardt, today has informed the company of his intention to step down from his position upon conclusion of the upcoming Annual General Meeting on May 16, 2024, in the interests of timely succession planning.

Key Points: 
  • Dettingen/Erms (Germany), March 14, 2024 +++ The Chairman of the Supervisory Board of ElringKlinger AG, Klaus Eberhardt, today has informed the company of his intention to step down from his position upon conclusion of the upcoming Annual General Meeting on May 16, 2024, in the interests of timely succession planning.
  • Commenting on his decision, Klaus Eberhardt said, "ElringKlinger is very well positioned when it comes to pursuing its path of transformation.
  • Having recently turned 76, it is an opportune moment for me to pass on my Supervisory Board duties and chairmanship to younger hands."
  • Klaus Eberhardt has been a member of the Supervisory Board since May 16, 2013, and has held the position of Chairman since May 16, 2017, succeeding Prof. Walther H. Lechler.

EQS-News: ElringKlinger AG: Konstante Dividendenzahlung vorgeschlagen, Ludger Heuberg für den Aufsichtsrat nominiert

Retrieved on: 
Wednesday, April 10, 2024
Aufsichtsrat, ElringKlinger, Sitzung, Vorstand, Dividende, Aktie, Hauptversammlung, Cent, Vorschlag, Amt, Mandat, Ablauf, Gremium, Nachfolge, Beschlussempfehlung, Mitglied, Chief Financial Officer, Unternehmen, Erfahrung, Kandidat, CFO, Arvo, Gruppe, Finanzwirtschaft, Einheit, IT, HR, Ratschlag, Merch, Positionen, Schwerpunkt, Wachstum, Zulieferer, Partner, Automobilindustrie, Expertise, Portfolio, Personenkraftwagen, Elektromotor, Verbrennungsmotor, Spezialist, Komponente, Baugruppe, Produkt, Hochleistungskunststoffe, Wirtschaftszweig, Standort, Kunden, News, Service

EQS-News: ElringKlinger AG: Proposal for unchanged dividend payment, Ludger Heuberg nominated as Supervisory Board member

Retrieved on: 
Wednesday, April 10, 2024
Financial management, Annual, EUR, HR, Supervisory board, Committee, CFO, ElringKlinger, Lufthansa Cargo, University, Annual general meeting, Thomas Cook Group, Robert Bosch GmbH

ElringKlinger AG: Proposal for unchanged dividend payment, Ludger Heuberg nominated as Supervisory Board member

Key Points: 
  • ElringKlinger AG: Proposal for unchanged dividend payment, Ludger Heuberg nominated as Supervisory Board member
    The issuer is solely responsible for the content of this announcement.
  • ElringKlinger AG: Proposal for unchanged dividend payment, Ludger Heuberg nominated as Supervisory Board member
    Proposed dividend of EUR 0.15 per share, unchanged year on year
    Dettingen/Erms (Germany), March 26, 2024 +++ At its meeting today, the Supervisory Board of ElringKlinger AG endorsed the Management Board's proposal for a dividend payout of EUR 0.15 per share.
  • The Supervisory Board concurred with the Nomination Committee's recommendation to propose Ludger Heuberg as a new member of the Supervisory Board at the Annual General Meeting on May 16, 2024.
  • Helmut P. Merch has been a member of the Supervisory Board of ElringKlinger AG since July 2020.