million vinyls produced annually
million Euro turnover
million streams daily
Half-year figures 2022/23: Sales up 12% to 150.9 million euros – Operating profit up on previous year
Edel SE & Co. KGaA (WKN 564950) from Hamburg was able to increase its sales by a further 12% in the first half of the 2022/23 fiscal year (October 01, 2022 – March 31, 2023). The company generated sales of 150.9 million euros compared with 135.2 million euros in the first half of the previous fiscal year 2022. Net income for the half year fell to 6.0 million euros from 7.7 million euros (-22%) and, after deducting minority interests, to 5.7 million euros from 7.3 million euros (-23%).
Ad hoc announcement: Change in Supervisory Board of Edel SE & Co. KGaA
Joel Weinstein, a long-standing member of the Supervisory Board of Edel SE & Co KGaA, will resign from his Supervisory Board mandate for personal reasons with effect from the end of the Company’s Annual General Meeting to be held on March 30.
Ms. Sabine Eckhardt will be available for election as her successor. It is also planned to elect Ms. Eckhardt as Chairwoman of the Supervisory Board, as the current Chairman, Dr. Joerg Pfuhl, is no longer available for this office at his own request. However, he will continue to serve as a member of the Supervisory Board of Edel SE & Co KGaA alongside Charles Caldas.
Consolidated annual results for fiscal year 2021/22
Edel SE & Co. KGaA in Hamburg has been able to increase sales and consolidated net income for the past fiscal year 2021/22 (October 1, 2021 – September 30, 2022) compared to the previous year.
The consolidated revenue of Edel SE & Co. KGaA rose by 10% from EUR 251.3 million in the previous year to EUR 277.0 million. EBITDA rose by 19% to EUR 31.0 million from EUR 25.9 million in the previous year. EBIT increased from EUR 16.9 million to EUR 21.5 million. Consolidated net income rose by 68% from EUR 7.4 million in the previous fiscal year to EUR 12.4 million.