Inside information

Consolidated turnover and profit forecast and net income

As part of the current preparation of the annual financial statements for the 2020 financial year, the Executive Board of Alexanderwerk AG has reviewed the annual financial statements and the consolidated financial statements of Alexanderwerk AG.

Accordingly, the Executive Board expects the following consolidated key financial figures according to IFRS for the 2020 financial year:

– The consolidated turnover is expected to range between EUR 23.49 million and EUR 23.74 million (2019: EUR 24.06 million).

–  The consolidated earnings before interest and taxes (EBIT) is expected to range between approx. EUR 4.60 million and EUR 4.85 million. (2019: EUR 3.92 million).

As a result of the positive financial year, the individual financial statements of Alexanderwerk AG (prepared in accordance with the German Commercial Code (HGB)) are expected to show a net income of EUR 2.42 million to EUR 2.67 million (2019: EUR 2.44 million).

The order pipeline of the Group as of December 31, 2020 amounts to EUR 18.02 million. (December 31, 2019: EUR 4.48 million).

Alexanderwerk AG expressly notes that the above-mentioned consolidated key financial figures are in each case preliminary, unaudited financial figures that have not been finally audited or attested by the auditors so that these figures may deviate from the annual financial statements yet to be adopted or from the consolidated financial statements yet to be approved.

The Executive Board expects that the final key financial figures can be published by the end of April 2021.

Remscheid, March 22, 2021

Alexanderwerk AG
Executive Board