Brief: Brockhaus Capital Management Reports Q1 Revenue Of EUR 10.8 Mln

Brockhaus Technologies AG

15/05/2021 07:17

May 15 (Reuters) - Brockhaus Capital Management AG
 BKHTn.DE :
    * DGAP-NEWS:  BROCKHAUS CAPITAL MANAGEMENT AG: BCM PUBLISHES
RESULTS FOR Q1 2021: FORECAST FOR FISCAL YEAR UNCHANGED
    * Q1 REVENUE 10.8 MILLION EUR
    * BROCKHAUS CAPITAL - QTRLY ADJUSTED EBITDA OF EUR 0.8
MILLION
CORRESPONDS TO ADJUSTED EBITDA MARGIN OF 7.4% (Q1 2020: EUR 2.6
MILLION OR 20.9%)
    * BROCKHAUS CAPITAL - ADJUSTED EBITDA MARGIN WAS PRIMARILY
INFLUENCED BY LOWER REVENUE, A PRODUCT MIX CHANGES AND HIGHER
DUE DILIGENCE COSTS
    * BROCKHAUS - IN Q1 OF 2021, SECURITY TECHNOLOGIES SEGMENT,
CONSISTING OF IHSE, CONTINUED TO EXPERIENCE POSTPONEMENT OF
LARGER CUSTOMER PROJECTS
    * IN FISCAL YEAR 2021, BCM GROUP EXPECTS ORGANIC REVENUE
GROWTH OF
+20% TO EUR 62 MILLION
    * BROCKHAUS CAPITAL - FISCAL YEAR 2021 ADJUSTED EBITDA
MARGIN IS
PROJECTED TO INCREASE SLIGHTLY AND THEREFORE AMOUNT TO MORE THAN
24% ACHIEVED IN 2020

Source text for Eikon:  ID:nEQ8zBxJba 
Further company coverage:  BKHTn.DE 

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