PRESS RELEASES & AD-HOC

Half-year figures: Sales up to 135.2 million euros – sharp rise in costs offset

Hamburg, May 10, 2022

– Group sales up 10 % on previous year to 135.2 million euros

– EBITDA increased by 8 % to 17.3 million euros

– EBIT and net profit for the half-year increased by 11% and 68% to 12.6 million euros and 7.7 million euros respectively

– Net income after minority interests increased by 75 % to 7.3 million euros

Edel SE & Co. KGaA (WKN 564950) from Hamburg was able to further increase sales and consolidated net income in the first half of the 2021/22 fiscal year (October 1, 2021 – March 31, 2022). Sales of 135.2 million euros were achieved, an increase of 10% compared with the same half of the previous year (123.3 million euros). Net income for the half-year rose to 7.7 million euros from 4.6 million euros (+68%) and, after deduction of minority interests, to 7.3 million euros from 4.2 million euros (+75%).

The results of the interim consolidated financial statements in detail:

EBITDA was 8 % up on the previous year at 17.3 million euros (first half of previous year: 16.0 million euros), while EBIT also increased by 11 % to 12.6 million euros (first half of previous year: 11.3 million euros). Consolidated net income (before minority interests) amounted to 7.7 million euros, compared with 4.6 million euros in the first half of the previous year. Consolidated net income after minority interests amounted to 7.3 million euros (first half of previous year: 4.2 million euros). Half-year earnings per share amounted to 0.34 euros, compared with 0.19 euros. The equity ratio increased to 25.2 %. Cash flow from operating activities decreased by -1.8 million euros to 7.5 million euros (first half of previous year: 9.3 million euros). Cash flow from investing activities increased from -4.0 million euros to -9.2 million euros. Due to the postponement of the dividend payment to the second half of the financial year, cash flow from financing activities amounted to -0.5 million euros (first half of previous year: -3.8 million euros).

In the first half of the year, sales in vinyl production at optimal media increased significantly by 23 % compared to the previous year. Once again, digital sales of content via platforms such as Spotify, Amazon and Apple also grew, both in Kontor New Media’s distribution business and in the content divisions, such as Edel Kids, earMUSIC and Brilliant Classics. The company’s cost of materials rose sharply in the first half of the year compared to the previous year, and delivery problems are currently expected for the second half of the year, particularly with regard to paper.

Dr. Jonas Haentjes, CEO: “The first half of the year was marked in particular by the massive increase in purchasing prices and supply chain problems. Together with our partners, artists and authors, we had to make many compromises, adjust projects and unfortunately also postpone some. The corona pandemic also presented us with challenges in production, especially in Q1 2022, due to a very high level of sick leave. For the remainder of the year, we are working hard to secure energy and paper supplies. I would like to thank all our employees for their commitment in these troubled times!”