SBF achieves record revenue and profit in fiscal 2021 and shows positive outlook

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DGAP-News: SBF AG / Key word(s): Preliminary results

SBF achieves record revenue and profit in fiscal 2021 and shows positive outlook

28.04.2022 / 08:30
The issuer is solely responsible for the content of this announcement.

SBF achieves record revenue and profit in fiscal 2021 and shows positive outlook

  • Significant increase in turnover to 31.2 million euros (previous year: 21.4 million euros)
  • EBITDA more than doubled to EUR 7.1 million (previous year: EUR 3.4 million)
  • The two segments ‘Rolling Stock’ and ‘Industrial Lighting’ with good operating performance
  • Further increase in revenues and profits expected in 2022

Leipzig, April 28, 2022 –SBF AG (ISIN: DE000A2AAE22; WKN A2AAE2, “SBF”), a listed supplier of LED lighting systems for rolling stock and industry, today released its preliminary unaudited consolidated figures for 2021. company looks back on an extremely successful business year. Group turnover increased by 45.7% to 31.2 million euros (previous year: 21.4 million euros). EBITDA more than doubled to EUR 7.1 million (previous year: EUR 3.4 million). The EBITDA margin reached 22.7% (previous year: 15.1%).

Rudolf Witt, Member of the Management Board of SBF AG, comments: “The year 2021 was extremely successful and eventful for us. In a difficult market environment with the problem of the global supply chain and the Corona pandemic, the revenues and profits have increased significantly. We have also successfully completed the integration of Lunux Lighting into the “Industrial Lighting” segment. Nevertheless, our figures clearly show that we have positioned SBF solidly for the future with consistency and foresight. With a good operational use and new acquisitions, we intend to continue our growth path – in an industrial environment that has become more difficult due to the effects of the war in Ukraine.”

Outlook 2022: Increase in turnover and profits
SBF is well positioned to continue the organic and inorganic growth of the business. The order book is at a high level. The company therefore anticipates a further increase in sales of at least 40 million euros. In the ‘Rolling stock’ and ‘Industrial lighting’ business areas, material price increases will affect the result. Nevertheless, SBF expects an above-average margin for the industry. The ‘Industrial Lighting’ business segment will focus on market penetration, overseas business expansion and production start-up with newly acquired production facilities. The forecast is subject to the further development of the war in Ukraine, the Corona pandemic and the reliability of global supply chains.

The final figures for the 2021 financial year will be published in mid-May.

About the SBF Group:
SBF is a referenced supplier of LED lighting systems for rolling stock and industry. With a focus on energy-efficient LED lighting, SBF is taking advantage of the megatrends of climate protection and urbanization and expects double-digit growth rates in the coming years.

In the ‘Rolling Stock’ business area, SBF is a Tier 1 supplier of complex ceiling and lighting systems for the world’s leading rolling stock manufacturers. Strong technological competence, strong vertical integration and customized customer solutions are the basis for a leading market position. In the ‘Industrial Lighting’ business area, SBF offers modern and intelligent LED systems for the efficient lighting of roads, stations and industrial plants.

For more information, visit https://www.sbf-ag.com.

Company details :
SBF S.A.

board of directors
Zaucheweg 4
04316 Leipzig
Germany
Tel: +49 (0)341 65235 894
Email: [email protected]

Press contacts:
Kirchhoff Consult AG

Alexander Neblung
Borselstrasse 20
22765 Hamburg
Germany
Tel: +49 (0)40 60 91 86 70
Email: [email protected]

28.04.2022 Broadcast of a Corporate News, transmitted by the DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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