20 January 2022 – 13:05
Publication of inside information in accordance with Art. 17 (1) of the Market Abuse Regulation (EU) 596/2014

Munich, 20 January 2022 According to the first preliminary calculations as part of the ongoing preparation of the consolidated financial statements, Blue Cap AG expects consolidated sales of around EUR 265 - 270 million for the 2021 financial year (previous forecast: EUR 255-260 million, previous year: EUR 233 million) and an adjusted EBITDA margin of around 8.5 - 9.0 % (previous forecast: lower end of the forecast corridor of 8 - 9%, previous year: 7.6%). Both values show significant increases of around 14-15% on average compared to the previous year and represent new highs for Blue Cap AG.

The decisive factor for this positive development was the better than expected business development in the last two months of 2021. In particular, the portfolio companies con-pearl, Uniplast and HY-LINE developed better than recently assumed. con-pearl and HY-LINE benefited from a very high order backlog and high deliveries in the fourth quarter of the year. Uniplast was able to pass on increases in raw material prices, which had a positive effect on the margin achieved, particularly towards the end of the year.

As part of this announcement, Blue Cap AG also provides an outlook for the 2022 financial year and publishes a sales and earnings forecast. This is based on the current planning, assuming that the bottlenecks in the supply chains will continue to ease over the course of the year and that cost increases can be passed on to the planned extent. Accordingly, the Management Board expects consolidated sales in a range of EUR 290 - 310 million and an adjusted EBITDA margin of between 8.5% and 9.5% for 2022. The sales and earnings forecast is subject to possible further corona effects or further M&A transactions.

Blue Cap AG is expected to present preliminary business figures for 2021 in the first half of March.