centrotherm presents half-yearly balance sheet 2021 for the Group and is optimistic about the future
At EUR 127.3 million, the centrotherm Group's order intake significantly exceeds expectations for the first half of 2021, following EUR 27.8 million in the same period of the previous year. The positive order trend from 2020 continues in the current fiscal year despite the Corona pandemic (Group order intake 2020: EUR 234.4 million). Orders with a total volume of EUR 81.1 million were received from the photovoltaics industry. The order intake from the semiconductor industry more than doubled compared to the prior-year period and, at EUR 46.2 million, already exceeded the prior-year level of EUR 45.4 million in the first six months of fiscal year 2021.
As of June 30, 2021, the Group's order backlog totals EUR 340.4 million, following EUR 256.7 million at the end of fiscal year 2020.
"We are feeling a strong impulse from the semiconductor industry, from which we can benefit with our product portfolio for 200 and 300 mm wafers. The investments made in this business area in recent years are now paying off for us," emphasizes Jan von Schuckmann, CEO of centrotherm international AG.
In the first six months of the 2021 financial year, the centrotherm Group generated sales revenues of EUR 39.7 million, compared with EUR 36.6 million in the same period of the previous year. The high order volume is clearly reflected in the Group's total operating performance, which rose from EUR 39.7 million in the previous year's period to EUR 122.5 million as of June 30, 2021. On the earnings side, Group EBITDA improved from EUR -4.6 million in the previous year's period to EUR 0.8 million.
The Management Board of centrotherm international AG is confident of achieving the targets set for the full 2021 financial year. Total operating performance of EUR 200 to 260 million is expected, as well as positive EBITDA in the single-digit million range. This assumes that the centrotherm Group continues to come through the COVID 19 pandemic without any significant impact on supply chains, and thus on production.
Note: The half-year financial report 2021 is available for download in German on our website in the Investor Relations section.
About centrotherm international AG
Thermal production solutions and coating technologies are among centrotherm's core competencies. For more than 70 years we have been developing and implementing production concepts for a con-stantly growing international customer base. In addition to growth sectors such as the semiconductor and microelectronics industry, as well as photovoltaics, our innovative solutions are also being applied in new future-oriented fields such as carbon fiber production. As a leading, globally active technology group, we work closely with partners from industry and research. We improve existing production concepts and set new trends. In this way, we generate valuable competitive advantages for our customers. Around 600 employees worldwide are working to shape the future - GREEN | SMART | EFFICIENT.
centrotherm international AG
Württemberger Str. 31
German Securities Identification Number (WKN): A1TNMM (bearer shares); A1TNMN (unlisted shares from the non-cash capital increase)
ISIN: DE000A1TNMM9 (bearer shares); DE000A1TNMN7 (unlisted shares from the non-cash capital increase)
Inclusion: Basic Board, Frankfurt Stock Exchange
Corporate domicile: Germany