ElringKlinger AG

Group sales of EUR 445.0 million in the second quarter of 2024 in a persistently challenging market environment (Q2 2023: EUR 468.7 million), headwind also due to exchange rate developments Adjusted EBIT margin of 5.0% (Q2 2023: 5.3%), adjusted EBIT of EUR 22.5 million (Q2 2023: EUR 24.8 million), operating free cash flow of minus EUR 4.5 million (Q2 2023: EUR 3.7 million) Other key figures improved compared to the same quarter of the previous year: net gearing reduced to 1.7 (30/06/2023: 1.9), net working capital ratio reduced to 26.8% (30/06/2023: 28.0%), equity ratio at 45.1% (30/06/2023: 43.4%) SHAPE30 transformation strategy fully on track, new battery center in the USA an important step on the transformation path ... Read more

EKPO fuel cell stacks for the first non-stop flight of a hydrogen-powered aircraft around the world Compact design, high performance and high efficiency of the stacks as key selection criteria Further proof of the wide range of applications for the powerful EKPO fuel cell stacks ... Read more

Munich, Dettingen/Erms, 04. September 2023 +++ ElringKlinger will be presenting its broad portfolio of electric mobility products at IAA MOBILITY from 5 to 8 September 2023 in Munich, underlining its early focus on battery and fuel cell technology with the slogan "#transformationpioneer". Visitors can see the innovations for themselves on the ElringKlinger stand in Hall B3, Stand D20. ... Read more

Group revenue increases significantly by EUR 53.1 million or 12.2% to EUR 487.7 million in the first quarter of 2023 (Q1 2022: EUR 434.6 million) Adjusted EBIT of EUR 26.4 million and adjusted EBIT margin of 5.4% improved compared to the same quarter last year (Q1 2022: EUR 15.0 million and 3.5%, respectively) Solid net assets and financial position: equity ratio of 44.4%, net financial liabilities of EUR 372.3 million below previous year's level (Q1 2022: EUR 387.4 million) ... Read more