Preliminary key financial data for the first half of 2022 show a significant increase in sales and profits (German)

* Consolidated sales increase of 43.5% to EUR 173.3 million ^

DGAP-News: Blue Cap AG / Keywords: Half-year results / Staff

Blue Cap AG: Preliminary key financial data for the first half of 2022

significant increase in sales and profits

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07/27/2022 / 07:00

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* Consolidated sales increase of 43.5% to EUR 173.3 million (previous year: EUR 120.8 million)

* Adjusted EBITDA margin (1) improves to 9.9% (previous year: 8.4%)

* Preliminary forecast for the financial year 2022 has been additionally confirmed

* Management change: Tobias Hoffmann-Becking becomes CEO of Henning

Eschweiler takes over as COO

Munich, 27 July 2022 – Blue Cap AG (“Blue Cap”) is looking for the first one

preliminary calculations go back to the successful first half of the year. So

consolidated sales of the group increased significantly to EUR 173.3 million

compared to the previous year (previous year: EUR 120.8 million). Operating

Operating result (adjusted EBITDA (1)) increased to EUR 17.7 million (+ 69.6%

vs. PY, PY: EUR 10.5 million). This corresponds to a margin of 9.9% (previous year: 8.4

%) of total power. Adjusted EBIT increased compared to

more than twice in the previous period and reached the value of EUR 11.2 million

(previous year: EUR 5.3 million). The corresponding margin has also increased significantly

to 6.3% (previous year: 4.2%). Net toothing (incl

Leasing liabilities) were in the range of 2.5 years (12/31/2021: 2.6).

Target corridor shorter than 3.5 years.

The improvements result in particular from new acquisitions made

HY-LINE Group, H + E and Transline, but also on the positive side

development in the Plastics segment. Gämmerler for sale

and Carl Schaefer also have a reducing effect compared to the previous year

on sales, but clearly positive for the operating result.

Plastics Segment with continuous profitable growth

As at June 30, 2022, there are eight of them in Blue Cap’s portfolio

Majority shares belonging to the Plastics, Adhesives and Coatings segments,

Business and other services are assigned as well

minority share.

The Plastics Segment was able to increase both sales and profit

rise noticeably. Participation is the main driver of this development

con-pearl, who continue to benefit from the boom in the logistics and

benefits from their high level of knowledge of sustainable development. Development in

H + E and Uniplast are caused by the increase in the prices of raw materials and energy,

which can only be delivered to customers with a delay or a slowdown,

show solid development in the face of a harsh environment.

Planatol and Neschen from the Adhesives & Coatings segment are also part of

Increases in raw material and energy prices as well as supply bottlenecks are more important

affected materials. The development of earnings this year was analogous

Area of ​​activity below the previous year despite improved sales.

The Business Services segment includes two newly added ones

Portfolio companies HY-LINE and Transline. The HY-LINE Group is in

grew very dynamically in the first half of 2022. Thanks to the improved

The company was able to ensure the availability of materials and products

Deliveries increase significantly due to continuous strong order taking.

Transline has grown at roughly the same level as a year earlier, though

macroeconomic uncertainty in the postponement of individual projects

make customers aware.

The development of the Other segment became significant year on year

through the sale and deconsolidation of Gämmerler and Carl Schaefer

under the influence. The smallest share of the blue cap, Nokra rejected a good one

service business and has developed much better than in

same period last year and almost on schedule. The more stable

Order development from the pharmaceutical and diagnostic industries, even after

The decline in the crown pandemic has led to a minority holding company, INHECO

to the results on the previous year’s level.

Segment your key numbers at a glance

in million EUR H1 2022 H1 2021 Change in%

plastics

Revenues 84.5 64.1 32

Adjusted EBITDA 10.9 7.2 51

Adjusted EBITDA margin in% 12.5 11.0 14

Adhesives and coatings

Sales 48.2 42.9 12

Adjusted EBITDA 3.2 3.7 -14

Adjusted EBITDA margin in% 6.3 8.3 -24

Business services

Revenues 38.7 0 100

Adjusted EBITDA 3.7 0 100

Adjusted EBITDA margin in% 9.3 0 100

Others

Revenues 2.0 13.8 -86

Adjusted EBITDA -0.03 -0.5 94

Adjusted EBITDA margin in% -1.8 -3.5 49

Note: The first half of 2022 is preliminary data, the differences in rounding amount to

possible

The Other segment includes the effects of consolidation at the holding level,

Nokra, a group holding and property management companies

as well as investments already sold at the reporting date.

Positive prospects in an uncertain market environment

Preliminary key financial data confirm this despite the increasingly difficult ones

framework conditions, the current forecast for the current financial year,

Group sales between EUR 305-325 million, adjusted EBITDA margin

reach 9-10% to a net debt ratio of less than 3.5 years

to be able to

Matthias Kosch, CFO of Blue Cap, comments: “It’s rewarding

our half-year results in line with our forecast for early 2022

lie. However, macroeconomic dynamics were recent

months increasingly negative and continues to be characterized by a high degree of uncertainty

in shape of. We closely monitor the further development and stay in close contact

Exchange with the management of our portfolio companies. ” Tobias

Hoffmann-Becking, CIO of Blue Cap, adds: “In terms of merger and acquisition activities,

in the coming months we will focus on smaller additional acquisitions

focus on further improving our portfolio. Apart from the changes

teamwork focuses even more on the operator

Support for subsidiaries even in a difficult market environment

to remain successful. Glad to have one with Henning Eschweiler

to have a new board mate by my side, the one with Blue Cap with his

extensive knowledge important and new impulses for the future,

sustained increase in value. “

Changes in the management board

From September 1, 2022, there will be changes in the Management Board of Blue Cap

AG is valid. The Supervisory Board therefore decided to appoint Mr. Tobias

Hoffmann-Becking, who was Director of Investments (CIO) for

responsible for the M&A and Capital Markets areas, incl

appointment of the President of the Management Board / CEO. His contract lasted until

31/12/2027 extended.

In addition, from September 1, Mr. Henning Eschweiler will be present in

Appointed to the Board of Directors and holds the position of Chief Operating Officer

(COO) of Blue Cap AG by Ulrich Blessing, who will be running by the end of 2022.

The mandate of the Management Board ended earlier by mutual consent.

The Supervisory Board and the Management Board would like to thank Mr. Blessing for his trust and

successful cooperation and I wish him all the best for the future

very good.

Henning Eschweiler (born 1982) will be responsible for Blue Cap in the future

investment management and sustainability. he has

Many years of experience in German medium-sized companies and in the private sector

capital industry. So advised the graduate mechanical engineer and business economist

while working in the management consulting company Structure Management Partner

GmbH in development development i

income enhancement programs. He was also responsible as an operations manager

also their implementation. Recently, Mr. Eschweiler has been on

Dutch-German private equity house Nimbus where he works for both

M&A transactions and portfolio management.

As a member of the advisory board and managing director, he assumed operational responsibility

selected portfolio companies. Thanks to proven knowledge

Mr. Eschweiler has a strong portfolio and operational focus

Improve farm performance.

Important Note:

By the way, the provisional data will be one today at 2 p.m.

Teleconference with the Management Board of Blue Cap AG. you can

register at this link. The presentation is below

https://www.blue-cap.de/relacje-inwestorów/prezentacje/.

The figures disclosed in this press release are preliminary.

More information about the company can be found at:

www.blue-cap.de/relacje-inwestorów/. Full semi-annual report 2022

will be released at the end of August.

(1) Adjustments: Customized for extraordinary, non-periodic and

other effects of reorganization activities and one-off effects, and

the effects resulting from the allocation of the purchase price

About Blue Cap AG

Blue Cap AG was founded in 2006 and is listed on the capital market

Holding company based in Munich. The company invests in

medium-sized companies from the B2B sector and accompanies them

entrepreneurship development. The farms are based in

in the DACH region they usually generate sales between 30 and 80

million euros and core business intact. The blue cap usually holds

majority stakes in nine companies from the adhesives industry i

Coating technology, plastics technology, production technology, medical technology

and business services. The companies of the Blue Cap Group are developing

independently and everyone implements their own development strategy. Group

currently employs around 1,300 people in Germany and elsewhere

European countries. Blue Cap AG is listed on the open market (Scale,

Frankfurt in: access, Munich; ISIN: DE000A0JM2M1; Stock reference: B7E).

www.blue-cap.de

Contact:

Blue Cap Inc

Lisa Marie Schraml

[email protected]

Investor relations and corporate communication

Phone +49 89 288909-24

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27.07.2022 publication of corporate news / financial announcement,

provided by DGAP – EQS Group AG service.

The issuer / publisher is responsible for the content of the application.

DGAP’s distribution services include statutory reporting requirements,

Corporate / financial news and press releases.

Media archive at http://www.dgap.de

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German

Company: Blue Cap AG

Ludwigstrasse 11

80539 Munich

Germany

Telephone: +49 89-288 909 24 [email protected]

Fax: +49 89 288 909 19

E-mail:

Internet: www.blue-cap.de

ISIN: DE000A0JM2M1

WKN: A0JM2M

Indices: Scale 30

Stock exchanges: open market in Berlin, Düsseldorf, Frankfurt (Skala),

Munich, Stuttgart, Tradegate Exchange

EQS NewsID: 1406395

End of news DGAP news service

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