Bertrandt AG: Increase of forecast for total revenues in fiscal 2021/2022 following continued strong growth in the third quarter

Ehningen (pta028/27.07.2022/19:30 UTC+2)

On the basis of preliminary, unaudited figures for the third quarter of fiscal 2021/2022, the Management Board of Bertrandt AG today reviewed the forecast for fiscal 2021/2022 last published again with the report on the first half of fiscal 2021/2022 (there p. 15 in the Group Management Report) on May 19, 2022.

The forecast remains fundamentally unchanged; only the previously predicted strong growth in total output and the level of capital expenditures have been adjusted:

- The previously predicted strong growth in total revenues of between EUR 100 million and EUR 140 million (i.e. total revenues of between around EUR 950 million and EUR 990 million) is now increased to an expected total revenues of between around EUR 990 million and EUR 1,020 million (previous fiscal year EUR 848.6 million), i.e. a now predicted strong growth in total revenues of between EUR 140 million and EUR 170 million.

- Furthermore, capital spending of EUR 25 million to EUR 40 million are now expected (previous expectation EUR 30 million to EUR 50 million).

Furthermore, the Bertrandt Group's key financial figures for the third quarter of fiscal 2021/2022 are as follows:

- Total revenues amounts to around EUR 252 million in the third quarter (third quarter in the previous fiscal year EUR 214.232 million) and around EUR 739 million for the first three quarters of fiscal 2021/2022 (first three quarters in the previous fiscal year EUR 631.027 million).

- Operating profit (EBIT) of around EUR 5 million in the third quarter (third quarter in previous fiscal year EUR 1.794 million) and EUR 26 million in the first three quarters of the fiscal year (first three quarters in previous fiscal year EUR 12.877 million)

The definition of total revenues is described in the Bertrandt Annual Report 2020/2021 on page 179, and the definition of EBIT on page 178.

The quarterly statement on the first 9 months in fiscal year 2021/2022 will be published on August 8, 2022.

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Emitter:	Bertrandt AG Birkensee 1 71139 Ehningen Germany
Contact Person:	Björn Voss
Phone:	0703465613076
E-Mail:	bjoern.voss@bertrandt.com
Website:	www.bertrandt.com
ISIN(s):	DE0005232805 (Share)
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