edding Aktiengesellschaft / DE0005647937

Forecast 2025: Moderate growth of Group Sales and Group EBIT expected Annual General Meeting 2025: Dividend unchanged compared to previous year   According to preliminary figures, Group Sales of EUR 156.0 million were achieved in the financial year 2024 (previous year: EUR 160.5 million). This is slightly below the previously announced corridor of EUR 158.0 million to EUR 168.0 million; the year-on-year decrease is mainly related to the decline in the business units Collaboration @ Work (COWO) with the main brand “Legamaster” and Creative & Home (CREHO). The business unit Office & Industry Supplies (OFIS) recorded a slight increase in sales. The Group EBIT (consolidated operating result according to IFRS) amounts to – subject to the final result of the audit of the consolidated financial statements – EUR 2.6 million (previous year: EUR -1.3 million). In accordance with IFRS 5, the result of the discontinued edding TATTOO business (Business Unit Lifestyle) of EUR -1.5 million (previous year: EUR -1.2 million) is disclosed separately below EBIT as result from discontinued operations. The previous year figures were adjusted accordingly. The negative EBIT from previous year is related to the sale of edding Argentina S.A. and the associated negative deconsolidation effect; excluding this effect, Group EBIT of 2024 is comparable to a previous year´s result of EUR 4.3 million. We announced the expected decline in an ad-hoc announcement on July 31, 2024. In this context, we lowered our Forecast corridor for Group EBIT to between EUR 0.0 million and EUR 3.0 million. The is therefore in the upper range of the forecast corridor. Although the 2024 results are now significantly below the prognosis of the beginning of the year, with a stable performance of the largest business units and positive future effects of strategic choices, edding deems that the mid-term financial BSC targets for 2026 are still achievable.   The net profit for the year in the individual financial statements of edding AG according to German commercial law amounts to EUR 0.9 million (previous year: net loss of EUR -3.4 million) and is slightly above the last forecast of EUR -1.5 million to EUR 0.5 million. The negative result of the previous year is mainly due to lower income from investments. The Management Board will propose a dividend of EUR 0.51 per preference share and EUR 0.50 per ordinary share to the Annual General Meeting. For the 2025 financial year, we are again planning positive results and a moderate increase in sales revenue to between EUR 158.0 million and EUR 173.0 million. We expect Group EBIT to be between EUR 3.0 million and EUR 6.0 million and net income in the individual financial statements of edding AG to be between EUR -3.0 million and EUR -1.0 million. The forecasted net loss in the individual financial statements of edding AG is due to foreseeable impairments in connection with the financing of our Colombian subsidiary, which would, however, have no effect on Group EBIT.   About the edding Group: A family-run company founded in Hamburg in 1960, edding has more than six decades of expertise in the design, manufacture and distribution of reliable, high-end branded products. The company’s core values include social and environmental responsibility. In the course of the current strategic transformation, sustainable action is becoming even more central to the edding Group: as a profit-for organization, the medium-sized company no longer sees economic success as the main goal, but rather as a prerequisite for working for ecological and social improvements. It is about aligning one’s own actions with the well-being of people and the planet first and being economical at the same time. The family business was awarded the German Sustainability Award for Companies in 2024 for its profit-for strategy. Under the umbrella brand of the edding Group, with the brands edding, Legamaster and Playroom, the company offers long-lasting, premium products and solutions for private and professional requirements. The portfolio includes markers and writing implements, visual communication products, such as flipcharts, whiteboards and e-Screens and innovative digital applications. In 2024, the Group earned consolidated sales of EUR 156.0 million and had an average staff count of 724.   Explanation of EBIT as an alternative performance indicator: EBIT is the abbreviation for “earnings before interest and taxes”. Total output less cost of materials, personnel expenses and depreciation and amortisation (including rights of use within the meaning of IFRS 16), plus other operating income and less other operating expenses. EBIT is the most important key figure for profitability management in the edding Group. No adjustment has been made for any extraordinary income or expenses. Ahrensburg, February 28, 2025 edding Aktiengesellschaft The Management Board ____________________________  Contact: edding Aktiengesellschaft
Mrs Hadewych Vermunt (CFO)
Tel.: +49 (0)4102 808 200
Fax.: +49 (0)4102 808 204
E-Mail: investor@edding.de