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Annual financial statement 2024 / Dividend proposal

The Executive Board of Alexanderwerk AG has prepared the annual financial statement and the consolidated financial statement for the 2024 financial year. The Supervisory Board has just approved them; the annual financial statements for the 2024 financial year are thus adopted. The auditor has issued an unqualified audit opinion for the annual financial statements and the consolidated financial statements.

For the financial year 2024 Alexanderwerk AG will report earnings before taxes (EBT) of EUR 6.24 million and net income after taxes – based on German Commercial Code (HGB) accounting – of EUR 4.16 million. On this basis Alexanderwerk AG's equity as shown in the commercial balance sheet as of December 31, 2024, will amount to approximately EUR 17.14 million.

At Group level, the following key figures according to IFRS are available for the 2024 financial year:

The Group’s turnover amounted to EUR 35.66 million (2023: EUR 35.58 million).
The total output (Group) amounted to EUR 36.23 million (2023: EUR 44.52 million).
The Group’s operating result (EBIT) amounts to EUR 7.24 million (2023: EUR 12.16 million).
Earnings before taxes (EBT) amount to EUR 7.11 million (2023: EUR 12.08 million).
The consolidated net profit for the year amounts to EUR 4.70 million (2023: EUR 8.04 million).
The earnings per share are therefore EUR 1.30 (2023: EUR 2.23).

The Executive Board and Supervisory Board have also just resolved to propose to the upcoming Annual General Meeting the distribution of a dividend for the 2024 financial year in the amount of EUR 1.00 per dividend-bearing share (a total of EUR 3,600,000.00). A date for the Annual General Meeting will be set and announced shortly.

Remscheid, April 29, 2025

Alexanderwerk AG
Executive board