ebit

DGAP-News: Wacker Neuson SE: Successful start to the year with a sharp rise in profitability

Retrieved on: 
Monday, May 10, 2021
ebit, Wacker Neuson, Profit, Earnings before interest and taxes

The Group reported an even bigger rise in earnings with profit before interest and tax (EBIT) increasing 50.9 percent to EUR 43.6 million (Q1/20: EUR 28.9 million).

Key Points: 
  • The Group reported an even bigger rise in earnings with profit before interest and tax (EBIT) increasing 50.9 percent to EUR 43.6 million (Q1/20: EUR 28.9 million).
  • The EBIT margin amounted to 10.0 percent, which is a rise of 300 basis points (Q1/20: 7.0 percent).\n"The first quarter got the year off to an exceptionally successful start for us.
  • We are back on our growth path with a sharp rise in profitability too," explains Kurt Helletzgruber, CEO and CFO of the Wacker Neuson Group.
  • "Our strong performance over these first three months gives us an excellent foundation for achieving our goals for the year.

Icahn Enterprises L.P. Reports First Quarter 2021 Financial Results

Retrieved on: 
Friday, May 7, 2021
Fundamental analysis, Profit, Earnings before interest, taxes, depreciation and amortization, Private equity, Financial ratio, ebit

These include non-GAAP EBITDA, Adjusted EBITDA, EBIT and Adjusted EBIT.

Key Points: 
  • These include non-GAAP EBITDA, Adjusted EBITDA, EBIT and Adjusted EBIT.
  • We present EBITDA, Adjusted EBITDA, EBIT and Adjusted EBIT on a consolidated basis and on a basis attributable to Icahn Enterprises net of the effects of non-controlling interests.
  • The operating results of our subsidiaries may not be sufficient to make distributions to us.
  • Management uses, and believes that investors benefit from referring to, these non-GAAP financial measures in assessing our operating results, as well as in planning, forecasting and analyzing future periods.

DGAP-News: Substantial increase in the first quarter - BayWa continues excellent business performance

Retrieved on: 
Thursday, May 6, 2021
BayWa, ebit, Industry economics), Economic taxonomy, Companies

At \xe2\x82\xac45.1 million, earnings before interest and tax (EBIT) were up significantly year on year (Q1/2020: minus \xe2\x82\xac27.8 million).

Key Points: 
  • At \xe2\x82\xac45.1 million, earnings before interest and tax (EBIT) were up significantly year on year (Q1/2020: minus \xe2\x82\xac27.8 million).
  • "Thanks to its diversified portfolio, BayWa is beating the coronavirus pandemic and the typical seasonal influences that we are usually subject to in the first quarter.
  • "\nIn particular, the Renewable Energies business unit and the international agricultural trade activities of the Cefetra Group business unit (formerly: BayWa Agri Supply & Trade - BAST) saw an unusually strong start to the year.
  • BayWa benefited from its extensive inventories and stable supplier relationships and was able to use this unique situation to its advantage.\n'

Magna Announces First Quarter 2021 Results

Retrieved on: 
Thursday, May 6, 2021
Profit, Net income, Income tax in the United States, ebit, Tax, Economy

In our two largest markets of North America and Europe, production was substantially level and increased 5%, respectively, compared to the first quarter of 2020.\nAdjusted EBIT of $770 million in the first quarter of 2021 increased 91% from the first quarter of 2020, driven by higher sales and higher Adjusted EBIT as a percentage of sales.

Key Points: 
  • In our two largest markets of North America and Europe, production was substantially level and increased 5%, respectively, compared to the first quarter of 2020.\nAdjusted EBIT of $770 million in the first quarter of 2021 increased 91% from the first quarter of 2020, driven by higher sales and higher Adjusted EBIT as a percentage of sales.
  • Adjusted EBIT as a percentage of sales increased to 7.6% in the first quarter of 2021 compared to 4.7% in the first quarter of 2020.\nIncome from operations before income taxes was $805 million for the first quarter of 2021 compared to $386 million in the first quarter of 2020.\xc2\xa0 Included in Income from operations before income taxes in the first quarter of 2021 were Other income, net items totaling $58 million, comprised of gains on business combinations and unrealized gains on the revaluations of investments, partially offset by restructuring costs.
  • Excluding Other income, net from the first quarter of 2021, income from operations before income taxes increased $361 million in the first quarter of 2021 compared to the first quarter of 2020.\nNet income attributable to Magna International Inc. was $615 million for the first quarter of 2021 compared to $261 million in the first quarter of 2020.\xc2\xa0 Included in net income attributable to Magna International Inc. in the first quarter of 2021 were Other income, net items totaling $49 million after tax.
  • Excluding Other income, net from the first quarter of 2021, net income attributable to Magna International Inc. increased $305 million in the first quarter of 2021 compared to the first quarter of 2020.\nDiluted earnings per share increased to $2.03 in the first quarter of 2021, compared to $0.86 in the comparable period and Adjusted diluted earnings per share increased 116% to $1.86 compared to $0.86.\nIn the first quarter of 2021, we generated cash from operations before changes in operating assets and liabilities of $1.03 billion, and used $372 million in operating assets and liabilities.

DGAP-News: Berentzen Group publishes Interim Report for the first quarter of 2021: Positive operating result despite ongoing lockdown

Retrieved on: 
Tuesday, May 4, 2021
ebit

Over the first three months of this year, the corporate group generated consolidated revenues of EUR 31.4 million (Q1 2020: EUR 36.2 million).

Key Points: 
  • Over the first three months of this year, the corporate group generated consolidated revenues of EUR 31.4 million (Q1 2020: EUR 36.2 million).
  • Consolidated earnings before interest and taxes (consolidated EBIT) for the first quarter stood at EUR 0.5 million (Q1 2020: EUR 1.1 million).
  • "Despite this challenging economic and social situation, we still managed to close the first quarter of 2021 profitably and achieve a positive consolidated operating result", said Schwegmann.\nAll segments across the Berentzen Group experienced declines in revenues, although to widely varying extents.
  • "\nGiven the current rate of infection and the ongoing lockdown situation, the Berentzen Group anticipates challenges in the second quarter of the financial year, too.

DGAP-News: Muehlhan AG: Muehlhan AG publishes its results for the first quarter of 2021

Retrieved on: 
Friday, April 30, 2021
Finance, Money, Economy, Profit, Fundamental analysis, Earnings before interest, taxes, depreciation and amortization, Private equity, ebit, Amortization, Earnings, Depreciation

This becomes clear when compared to the results of the same quarter in 2020, which was not yet affected by the pandemic.

Key Points: 
  • This becomes clear when compared to the results of the same quarter in 2020, which was not yet affected by the pandemic.
  • Revenues decreased by \xe2\x82\xac9.3 million to \xe2\x82\xac60.9 million.
  • EBIT (earnings before interest, taxes, depreciation and amortization) decreased by \xe2\x82\xac1.4 million from \xe2\x82\xac0.8 million to \xe2\x82\xac-0.6 million.
  • In the Ship business segment, revenues decreased by \xe2\x82\xac6.1 million to \xe2\x82\xac16.0 million and in the Oil & Gas business, revenues fell by \xe2\x82\xac4.7 million to \xe2\x82\xac15.3 million.

DGAP-News: Schaltbau Holding AG makes good start to fiscal year 2021 with significantly improved profitability

Retrieved on: 
Thursday, April 29, 2021
ebit

Moreover, the focus on financial performance is paying off, as EBIT improved significantly by 59% to EUR 6.1 million (3M 2020: EUR 3.9 million).

Key Points: 
  • Moreover, the focus on financial performance is paying off, as EBIT improved significantly by 59% to EUR 6.1 million (3M 2020: EUR 3.9 million).
  • In view of the good start to the new fiscal year, Schaltbau confirms its guidance for 2021 with order intake of EUR 550-580 million, revenue of EUR 520-540 million and an EBIT margin of approx.
  • 5%.\n"We have now defined both the targets and the key measures for implementing our Strategy 2023," explained Dr J\xc3\xbcrgen Brandes, CEO of Schaltbau Holding AG.
  • Nevertheless, it\'s \'all systems go\' for Schaltbau in the 2021 fiscal year," said Steffen Munz, CFO of Schaltbau Holding AG.

DGAP-News: Intershop records successful first quarter 2021 and continues to expand its cloud business

Retrieved on: 
Wednesday, April 28, 2021
ebit

At EUR 0.4 million (previous year: EUR 0.3 million), earnings before interest and taxes (EBIT) were positive for the fifth consecutive quarter.

Key Points: 
  • At EUR 0.4 million (previous year: EUR 0.3 million), earnings before interest and taxes (EBIT) were positive for the fifth consecutive quarter.
  • Incoming cloud orders (new and existing customers) amounted to EUR 4.6 million in the first three months of 2021, which represents an increase by 15% (previous year: EUR 4.0 million).
  • Cloud ARR (annual recurring revenues) rose by 42% to EUR 10.0 million (previous year: EUR 7.0 million).
  • "\nThe company confirms its forecast for the full year 2021 and continues to expect incoming cloud orders to rise by at least 10% and net new ARR to pick up slightly.

DGAP-News: KION Group with strong start into 2021

Retrieved on: 
Wednesday, April 28, 2021
KION Group, KION, Margin at risk, ebit, Finance, Money, Economy

b'The issuer is solely responsible for the content of this announcement.\n- Net income for the period increases to \xe2\x82\xac137.0 million (Q1 2020: \xe2\x82\xac67.8 million)\nFrankfurt am Main, 28 April 2021 - KION GROUP AG has continued on its path of recovery from the previous quarter and made a strong start into 2021.

Key Points: 
  • b'The issuer is solely responsible for the content of this announcement.\n- Net income for the period increases to \xe2\x82\xac137.0 million (Q1 2020: \xe2\x82\xac67.8 million)\nFrankfurt am Main, 28 April 2021 - KION GROUP AG has continued on its path of recovery from the previous quarter and made a strong start into 2021.
  • The segment\'s adjusted EBIT went up by 33.7 percent to \xe2\x82\xac131.0 million in the first three months of 2021 (Q1 2020: \xe2\x82\xac98.0 million).
  • The rise in earnings was primarily driven by the volume-related rise in gross profit and the fact that fixed costs rose at a lower rate than revenue.\nThe KION Group has made a strong start into 2021.
  • The KION Group continues to see risks in relation to changes in customer end markets, commodity prices, and the availability of base products and components.

DGAP-News: CLIQ Digital now covered by Edison with a fair value of €69.22 per share

Retrieved on: 
Wednesday, April 28, 2021
Economy of the United States, Companies, Science and technology in the United States, Motorola Cliq, Wavey, Thomas Edison, ebit, General Electric

Furthermore, "CLIQ Digital has started to deliver on its strategy, with several guidance upgrades, and the share price has responded very strongly, climbing 669% over the last year.

Key Points: 
  • Furthermore, "CLIQ Digital has started to deliver on its strategy, with several guidance upgrades, and the share price has responded very strongly, climbing 669% over the last year.
  • The rating nevertheless remains at a discount to other global entertainment and customer acquisition peers on EV/Sales, EV/EBIT and P/E.
  • "\nStatement from Ben Bos, member of the Management Board:\n"I am delighted to now have Edison on board to cover CLIQ.
  • "\nCLIQ Digital shares are now covered by a total of five reputable research companies:\n'