EQS-Adhoc: Alzchem Group AG raises forecasts for EBITDA and EBITDA margin in fiscal year 2024

Alzchem Group AG raises forecasts for EBITDA and EBITDA margin in fiscal year 2024

Trostberg, July 30, 2024 – Alzchem Group AG is raising its earnings forecasts for fiscal year 2024. Group EBITDA will grow to over EUR 100 million with unchanged sales expectations (original forecast: approx. EUR 90 million). The raise in the EBITDA forecast leads to an increase in the EBITDA margin forecast from previously approx. 15.8% to over 17.5%.

The reason for the increase in the EBITDA forecast is the stronger growth and thus the shift in the product mix towards Specialty Chemicals.

The previous forecasts for the financial performance indicators group sales, inventories, inventory intensity and equity ratio remain unchanged. This results in the following picture for fiscal year 2024: