pta20230502015
Business news for the stock market

MS Industrie AG: publishes Annual Report for Financial Year 2022

München (pta015/02.05.2023/10:00 UTC+2)

  • Significant increase in sales to EUR 206 million confirmed
  • Return to profitability with strong earnings improvement at all levels
  • Increase in total assets as a result of working capital growth

Despite a challenging environment, MS Industrie AG (WKN 585518; ISIN DE0005855183) was able to increase its sales by +25% to around EUR 206.2 million in the financial year 2022 (previous year: EUR 164.7 million). In the second half of the year in particular, business picked up speed significantly in the two core business segments of powertrain and ultrasonic technology as the wave of the pandemic subsided.

EBIT in the reporting period was EUR 2.7 million (previous year: EUR -4.4 million). Consolidated earnings after taxes amounted to EUR 1.2 million (previous year: EUR -4.0 million). The balance sheet total increased to EUR 210.5 million (previous year: EUR 183.9 million). Equity increased in absolute terms to EUR 71.7 million (previous year: EUR 68.0 million) and changed in relative terms to 34.1% (previous year: 37.0%) of the balance sheet total. The order backlog of the MS Industrie Group was around EUR 118 million at the beginning of 2022 and increased by +22% to around EUR 144 million by the end of the year.

In the ultrasonic segment, the order backlog in the area of ​​special machines for the passenger car production recovered significantly from mid-2022 and reached a high at the end of the year. Due to the supply chain problems that persisted until the end of the year, a sales volume of around EUR 10 million was postponed to financial year 2023.

"With the present financial statements for financial year 2022, we are confident that we have laid the basis for further long-term financing of our growth. Despite the internationally unstable economy due to the massive upheavals from the escalated Russia/Ukraine conflict, we were able to develop positively. This is also shown by the record order intake for 2023," says Dr. Andreas Aufschnaiter, member of the Management Board of MS Industrie AG.

A competence center for the ultrasonic systems and components business was set up in Ettlingen near Karlsruhe. Solutions for the welding, embossing and perforating of nonwovens as well as the sealing of packaging materials are developed here.

"In the past financial year, the two business areas were innovatively and strategically further developed. In the field of powertrain technology, we are automating our production processes in order to face the shortage of skilled workers while the volume of orders is increasing at the same time. We have significantly and sustainably reduced our energy consumption by installing a photovoltaic powerplant. In the ultrasonic business area, we are certain that we will establish ourselves worldwide as a manufacturer and partner for machine builders who use nonwovens technology to produce medical products or hygiene articles," says Armin Distel, member of the Management Board of MS Industrie AG.

The Annual Report 2022 can be found here: https://www.ms-industrie.de/en/investor-relations/financial-reports/

Background:

MS Industrie AG, headquartered in Munich, is the listed parent company of a focused technology group with the two business areas powertrain technology ("MS Powertrain": systems and components for heavy-duty combustion engines and new alternative drive solutions) and ultrasonic technology ("MS Ultrasonic": special machines, standard machines and ultrasonic systems and components). Key customer industries include the global commercial vehicle and passenger car industry, followed by the packaging machine industry, the medical and other plastic processing industries as well as the general mechanical and plant engineering industry. The Group presently generates annual sales of over EUR 200 million with over 800 employees at five production sites, two of which are in Germany and one each in the USA, Brazil and China.

Press Contact :

BeckerBeratungsGesellschaft (BBG)

Neustr. 23

55296 Gau-Bischofsheim / Mainz

Klaus-Karl Becker

+49 (0) 172 61 41 955

kkb@b-bg.de

Disclaimer:

The publisher of this document is MS Industrie AG based in Munich. Although the information in this document comes from sources that MS Industrie AG considers reliable, no guarantee can be given for the correctness of the information in this document. This document does not constitute a prospectus and is also not suitable as a basis for evaluating the securities presented in the document. Estimates and opinions contained in this document represent the assessment of MS Industrie AG at the time the document was created and are subject to change at any time without prior notice. MS Industrie AG and/or its affiliated companies may from time to time hold positions in the securities referred to in this document or in options, futures and other derivatives based thereon, may provide other services (including those as advisors) to each company named in this document, provide or have provided and may (to the extent permitted by law) have used the information contained herein or the research on which it is based prior to its publication. Any kind of advisory relationship between MS Industrie AG and the recipient of this document is not established by the provision of this document. Each recipient must conduct its own research and take precautions to check the profitability and reasonableness of an investment decision, taking into account its personal and economic interests. MS Industrie AG is not liable for the consequences of trusting in opinions or statements in this document, nor for the incompleteness of the same. Any citizen of the United States of America who receives this document and wishes to transact in securities referred to herein is required to do so through a US-licensed broker.

(end)

Emitter: MS Industrie AG
Brienner Straße 7
80333 München
Germany
Contact Person: Investor Relations
Phone: +49 89 20 500 900
E-Mail: info@ms-industrie.ag
Website: www.ms-industrie.ag
ISIN(s): DE0005855183 (Share)
Stock Exchange(s): Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate
|