- Total output more than doubled to 28 million euros
- EBITDA rises to 3.2 million euros, EBIT to 2.6 million euros
- EBITDA for full year expected to reach 6 million euros
audius Group again was able to significantly increase its key financial figures in the second quarter and is therefore looking back to an extremely successful first half of 2021.
According to unaudited figures, the total output in the first 6 months increased by 114% as planned to a value of 28 million euros and therefore more than doubled (total output HY1 2020: 13.1 million euros). The total operating performance in the second quarter was 14.2 million euros and therefore increased significantly. The background to this growth was once again first-time consolidation of audius companies as well as organic growth.
The operating result EBITDA increased disproportionately by around 255% compared to the same period from the previous year to 3.2 million euros (EBITDA HY1 2020: 0.9 million euros). audius achieved an EBITDA margin of 11.4% in the reporting period, compared to 6.9% in the previous year. EBIT also increased disproportionately to a total operating performance, reaching a value of 2.6 million euros (EBIT HY1 2020: 0.8 million euros). The increased margin reflects the synergy effects within the Group as well as a very good utilization of all business areas.
The order backlog as of June 30, 2021 increased once again to around EUR 30.5 million (previous year: EUR 15.8 million).
Following the very good first half of the year, audius is looking forward to a good order situation in the coming months. Given that, the company is specifying its earnings forecast. After having previously assumed an EBITDA of more than EUR 5 million, the Management Board now expects an EBITDA of EUR 6 million. Sales are expected to exceed EUR 56 million (previously EUR 54 million).
The final figures are expected to be published with the half-year report at the end of August 2021.
For further information please contact
t.: +49 7151 369 00 364