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De Raj Group AG (AT)

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DGAP-News News vom 12.03.2018

De Raj Group AG finished its first fiscal year (Oct-Dec) 2017 with operating profit (EBITDA) of EUR 2.7 million (preliminary unaudited figures 2017)

DGAP-News: De Raj Group AG / Key word(s): Final Results

12.03.2018 / 11:25
The issuer is solely responsible for the content of this announcement.


NOT FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA OR OTHER COUNTRIES WHERE SUCH RELEASE, PUBLICATION, OR DISTRIBUTION WOULD CONSTITUTE A VIOLATION OF THE RELEVANT REGULATIONS.


De Raj Group AG finished its first fiscal year (Oct-Dec) 2017 with operating profit (EBITDA) of EUR 2.7 million (preliminary unaudited figures 2017)


Cologne, 12 March 2018:
The De Raj Group AG, Cologne, (ISIN: DE000A2GSWR1) finished its first fiscal year 2017, which consisted since October 2017 for roughly three months, with revenues of EUR 7.9 million and an operating result (EBITDA) for this three months of EUR 2.7 million.

Order income 2017 of EUR 16.4 million resulted in an order backlog of EUR 57.0 million at year-end 2017 (December 31st). Equity ratio of 81% is backing future growth perspectives.

The De Raj Group AG will issue an initial guidance for 2018 with the publication of final figures 2017 on April 16th, 2018. More details regarding the preliminary unaudited figures 2017 are available and could be downloaded at www.thederajgroup.com


Key performance indicators at a glance

EUR (000s) 2016
Pro Forma    
2017
Pro Forma    
∆ 2017 / 16
Pro Forma    
2017 prelim.
unaudited       
Order income (Dec 31st) 55,000 16,380 70% 16,380
Order backlog (Dec 31st)      2,000 57,000 2,750% 57,000
Revenue 12,868 12,994 1% 7,897
EBITDA 10,889 13,714*) 26% 2,651
EBIT 6,416 9,241 44% 331
EBT 4,224 7,801 85% 49
Net profit 3,017 7,797 158% 49
EPS in EUR 0.09 0.22 158% 0.00
 

*) including positive one-time effect of EUR 4.4 million from shareholders receivables waiver to be reported only in the Pro Forma calculation
 

About the De Raj Group:
The De Raj Group AG is listed in the market segment "Standard Market Auction" on the
EU-regulated market (Amtlicher Handel) of the Vienna Stock Exchange (Wiener Börse) since February 8th, 2018.

The De Raj Group owns, operates and acquires contracted renewable and conventional generation and thermal infrastructure assets. The Group owns a diversified portfolio of contracted renewable and conventional generation assets in Europe and is validating an international expansion plan in the Middle East and the Asia Pacific region.

The German power division is the owner of 13 combined heat and power plants ("CHP plants") spread throughout Germany. These CHP plants generate electricity, which is fed into the public power grid, and heat, which is delivered to nearby greenhouses.

The oil & gas division of the Group provides services encompassing the full spectrum of the offshore upstream oil & gas supply chain in the South East Asian region and owns a diversified portfolio of assets comprising of oil rigs and topside equipment for the deployment of oil rigs.


Legal advice:
This publication constitutes neither an offer to sell nor a solicitation to buy securities. It is not for release, publication or distribution, directly or indirectly, in whole or in part, into or within the United States, Australia, Canada, Japan or South Africa or any other jurisdiction where it is unlawful to distribute this announcement.


For further information:
De Raj Group AG
Investor Relations
Jörg Peters
Phone: +49 6171 919 24 40
mailto: joerg.peters@thederajgroup.com


Issuer: De Raj Group AG
Christophstr. 15-17
D-50670 Cologne
Phone: +49 221 299 85 07
FAX: +49 221 299 85 08
mailto: joerg.peters@thederajgroup.com
URL: www.thederajgroup.com
ISIN: DE000A2GSWR1
Stock market: Vienna Stock Exchange, Standard Market Auction
Index: WBI Wiener Börse Index (All Share Index Vienna Stock Exchange)
Language: English


Disclaimer:
These materials are for informational purposes only and are not intended to constitute, and should not be construed as, an offer to sell or subscribe for, or the announcement of a forthcoming offer to sell or subscribe for, or a solicitation of any offer to buy or subscribe for, or the announcement of a forthcoming solicitation of any offer to buy or subscribe for, ordinary shares in the share capital of De Raj Group AG (the "Company", and such shares, the "Shares") in the United States or in any other jurisdiction.

The Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold within the United States absent registration or an exemption from the registration requirements under the Securities Act. The Company does not intend to register any portion of the offering in the United States or to conduct a public offering of Shares in the United States or elsewhere.

The Company has not authorized any offer of Shares. No action has been undertaken or will be undertaken to make an offer of Shares to the public.

This announcement is not an advertisement within the meaning of the Prospectus Directive and does not constitute a prospectus.

This document may contain forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of the Company and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations and competition from other companies, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, affecting the Company and other factors. The Company does not assume any obligations to update any forward-looking statements.

Neither these materials nor any copy of it may be taken or transmitted, directly or indirectly, into the United States, Australia, Canada, Japan or the South Africa. These materials do not constitute or form part of any offer or invitation to sell, or any solicitation of any offer to purchase or subscribe nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefore. The offer and the distribution of these materials and other information in connection with the listing may be restricted by law.



12.03.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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