Blue Cap AG updates outlook for the 2021 financial year and expects consolidated revenue and an adjusted EBITDA margin below the range specified in its previous forecast

27 October 2021 – 12:09
Publication of inside information in accordance with Art. 17 (1) of the Market Abuse Regulation (EU) 596/2014

Munich, 27 October 2021 Today, the Management Board of Blue Cap AG updated its forecast for the 2021 financial year. According to the new forecast, Blue Cap can expect consolidated revenue in the lower range of its previous forecast of EUR 265 million to EUR 275 million and an adjusted EBITDA margin that is also in the lower range of its previous forecast of 8% to 9%, subject to further acquisitions and disposals of shareholdings.

The outlook was updated to reflect the third quarter being weaker than anticipated and the ongoing challenges on the global procurement markets, which will continue into the fourth quarter. Consolidated revenue for the first nine months of 2021 came to EUR 190.2 million (previous year: EUR 173.6 million) and the adjusted EBITDA margin came to 8.2% (previous year: 6.5%). A detailed press release on the key financial indicators for the first nine months of 2021 will be published on 28 October 2021.

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Investor Relations & Corporate Communications

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