ISIN:DE000A2AAE22
EQS-News: SBF takes next growth step and completes consolidation of AMS Software & Elektronik
The acquisition process to deepen value creation within the SBF Group has thus been successfully completed.
- The acquisition process to deepen value creation within the SBF Group has thus been successfully completed.
- With the products from AMS, SBF is significantly expanding its product range in the fields of electronics as well as sensor and communication technology.
- Rudolf Witt, Member of the Executive Board of SBF AG: “The consolidation of AMS is an important step in the further strategic development of the SBF Group.
- Consequently, SBF expects significant growth in 2024 with revenue of more than EUR 50 million and an EBITDA margin of over 5 percent.
EQS-News: SBF AG expects significant revenue and earnings growth and publishes forecast for 2024
The company expects a significant increase in revenue of around 50% to more than EUR 50 million with an EBITDA margin of over 5%.
- The company expects a significant increase in revenue of around 50% to more than EUR 50 million with an EBITDA margin of over 5%.
- The outlook in our markets remains positive.“
For 2024, SBF is planning investments in all business areas to further optimize the Group's structures for long-term growth. - SBF expects the measures to lead to increases in revenue and earnings from the 2024 financial year onwards if the underlying general environment improves again.
- As a result, SBF expects revenue of more than EUR 50 million and an EBITDA margin of over 5% in 2024.
EQS-News: SBF AG erwartet deutliches Umsatz- und Ergebniswachstum und veröffentlicht Prognose 2024
EQS-News: SBF receives “Growth Champion Award” from major German news magazine FOCUS and online portal Statista
With an average annual sales growth of 27 percent (survey period: 2019 to 2022), SBF was ranked eighth in the “electronics, electrical and medical technology” category.
- With an average annual sales growth of 27 percent (survey period: 2019 to 2022), SBF was ranked eighth in the “electronics, electrical and medical technology” category.
- The survey was conducted by the major German news magazine Focus in cooperation with the online portal Statista.
- Rudolf Witt, Member of the Executive Board of SBF AG: “The award is a great acknowledgement for the company and especially our dedicated employees.
- Guidance for the fiscal year 2024, including revenue and earnings contributions from the acquisition, will be provided in November.
EQS-News: SBF von FOCUS und Statista als Wachstumschampion ausgezeichnet
EQS-News: SBF AG publishes half-year report 2023 with an updated forecast 2023 and is confident about the further business development
Leipzig, 25 August 2023 – SBF AG (ISIN: DE000A2AAE22; WKN A2AAE2, "SBF"), a listed supplier of LED lighting systems for rolling stock, municipalities, railways and industry, has published its financial report for the first half of 2023.
- Leipzig, 25 August 2023 – SBF AG (ISIN: DE000A2AAE22; WKN A2AAE2, "SBF"), a listed supplier of LED lighting systems for rolling stock, municipalities, railways and industry, has published its financial report for the first half of 2023.
- Therefore, the Executive Board is updating its revenue and earnings forecast for the 2023 financial year.
- The company expects revenue of between EUR 34 million and EUR 35 million and EBITDA of approximately EUR 1 million for 2023 as a whole.
- Rudolf Witt, Member of the Executive Board of SBF AG: "We look back on an eventful first half-year in a difficult environment.
EQS-News: SBF AG veröffentlicht Halbjahresbericht 2023 mit aktualisierter Prognose 2023 und blickt zuversichtlich auf weitere Geschäftsentwicklung
EQS-News: SBF clearly on growth course with acquisition of electronics manufacturing specialist AMS
The acquisition of the electronics manufacturing specialist is in line with the SBF Group's growth strategy and significantly extends the value chain.
- The acquisition of the electronics manufacturing specialist is in line with the SBF Group's growth strategy and significantly extends the value chain.
- "With this acquisition, we are taking a leap forward in growth that is unique in our company's history.
- As part of the transaction, SBF is acquiring 100% of the shares in AMS from the previous shareholder.
- The acquisition of AMS will also lead to a significant increase in revenue and earnings at the Group level of SBF in subsequent years.