Despite the difficult global market environment, the Semperit Group performed excellently as of September 30, 2021. As a result, the Group generated revenue of EUR 962.1 million, an increase of 40.9% compared to the previous year. Chief Operating Officer Kristian Brok: "Encouragingly, we have seen a strong recovery in orders in our key industries, which are increasingly stabilizing above pre-crisis levels in 2019 The Special Impact medical business has clearly broken through the platform period and the average price has fallen significantly since the second quarter. There is a need for more appreciation of the observations of all industries worldwide."

Sales in both sectors grow rapidly Sales in the industrial sector increased by 11.0% to €409.4 million, mainly due to the increase in sales of Semperflex and Semperseal and the ability to offset the decline in sales in the Sempertrans business. In hydraulic and industrial hoses, Semperflex was able to gain market share worldwide, while the increase in sales at Semperseal was mainly due to the economic recovery on the European market. In contrast, medical industry production and sales declined due to regulatory restrictions imposed by Malaysia's Enhanced Movement Control Order (EMCO) in July and limited container supply. Due to the ongoing Corona pandemic and the resulting increase in demand, selling prices have risen sharply, and sales in the medical industry are still expected to increase by 79.3% to 516.7 million euros

Outlook

Based on current figures, the Management Board of Semperit AG Holding continues to expect that the group's EBITDA for the full year 2021 will be significantly higher than the EBITDA for the 2020 financial year. However, against the backdrop of the risk factors already communicated in the first quarter, which have successively become apparent in the course of the year and continue to exist, a deviation in the single-digit percentage range below the figure of around EUR 395 million forecast in March is expected.

Increase in operating profit

Cash-effective investments in intangible assets and property, plant and equipment amounted to EUR 31.2 million in the reporting period, up on the previous year's level of EUR 17.4 million. Free cash flow adjusted for the USD term deposits more than doubled to EUR 208.3 million in Q1-3 2021 (Q1-3 2020: EUR 98.8 million).

The continued high sales growth in both sectors also led to a significant improvement in the operating result. Group EBITDA almost tripled from EUR 118.5 million to EUR 324.3 million, with the EBITDA margin almost doubling to 35% compared to the first nine months of the previous year (Q1-3 2020: 18%). Group EBIT of EUR 290.0 million also improved significantly compared to the same period last year (Q1-3 2020: EUR 159.5 million). Compared to the adjusted EBIT for Q1-3 of the previous year, EBIT more than tripled (EBIT Q1-3 2020: EUR 92.6 million). The EBIT margin increased significantly to 31.3% (Q1-3 2020: 24.3%, adjusted 14.1%).