Nabaltec AG with a dividend proposal of EUR 0.28 per share and revenues of
EUR 54.0 million in the first quarter of 2024 according to preliminary figures

EQS-News: Nabaltec AG / Key word(s): Annual Report
Nabaltec AG with a dividend proposal of EUR 0.28 per share and revenues of
EUR 54.0 million in the first quarter of 2024 according to preliminary
figures

25.04.2024 / 10:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Nabaltec AG with a dividend proposal of EUR 0.28 per share and revenues of
EUR 54.0 million in the first quarter of 2024 according to preliminary
figures

  * Revenues in 2023 at EUR 200.1 million after EUR 218.8 million in the
    previous year (-8.5%)

  * Operating profit (EBIT) in 2023 of EUR 18.3 million (2022: EUR 29.2
    million)

  * Preliminary figures for the first quarter of 2024: Revenues at EUR 54.0
    million (Q1 2023: EUR 57.0 million); EBIT EUR 5.0 million (Q1 2023: EUR
    5.2 million)

  * Confirmation of the outlook 2024: Revenues slightly above the previous
    year's level; EBIT margin in a range of 7% to 9%

Schwandorf, 25 April 2024 - Nabaltec AG published its consolidated financial
statements for 2023 today and confirms the preliminary figures for the 2023
Financial Year. The company achieved revenues of EUR 200.1 million after EUR
218.8 million in the previous year (-8.5%). The operating profit (EBIT) was
EUR 18.3 million in 2023 after EUR 29.2 million in the previous year. The
EBIT margin (EBIT as a percentage of total performance) was 9.1%.

In 2023, earnings before interest, taxes, depreciation and amortization
(EBITDA) were EUR 31.0 million after EUR 42.4 million in 2022 (-26.9%). The
EBITDA margin (EBITDA as a percentage of total performance) was 15.4%.
Consolidated earnings for the financial year just closed was EUR 11.4
million, compared to EUR 26.4 million in the previous year. This corresponds
to an earnings per share (EPS) of EUR 1.30 in 2023 (previous year: EUR
3.00). As in the previous year, the Management Board and Supervisory Board
intend to propose to the shareholders a dividend of EUR 0.28 per share for
the 2023 Financial Year at the 2024 Annual General Meeting.

"Despite the negative industry environment in the chemical industry, we
managed to achieve an EBIT margin of 9.1%. We also had to accept a loss in
revenues because the industry did not gain momentum across the board.
Examples include the steel and construction industries or e-mobility. But
the prospects for our products remain intact. In many cases we offer an
environmentally friendly and high-quality alternative, for example in flame
protection or thermal management for lithium-ion batteries. These drivers
for the use of sustainable materials and the ever-increasing substitution of
environmentally harmful substances remain unchanged or are even increasing.
Especially against the background of the continued positive medium-term
outlook, we have decided to let our shareholders participate in the
company's success with a dividend at the previous year's level despite the
dip in revenues and earnings in 2023," reports Johannes Heckmann, CEO of
Nabaltec AG.

In the "Functional Fillers" product segment, Nabaltec achieved revenues in
the amount of EUR 142.3 million in 2023 after EUR 148.0 million in the
previous year. This corresponds to a decrease of 3.9%. In the boehmite
product range, which currently accounts for around 9% of consolidated
revenues, revenues in 2023 amounted to EUR 17.3 million after EUR 19.0
million in the previous year. Revenues in the "Specialty Alumina" product
segment amounted to EUR 57.8 million in 2023 after EUR 70.9 million in the
previous year (-18.5%). The continuing weakness of the steel industry is
leaving its mark here.

The start of 2024 was solid, but customer orders continue to be
characterized by short-termism. According to preliminary figures, Nabaltec
AG achieved consolidated revenues of EUR 54.0 million for the first three
months of 2024 after EUR 57.0 million in the first quarter of the previous
year (-5.3%). According to preliminary figures, revenues in the "Functional
Fillers" product segment were EUR 38.7 million after EUR 40.1 million in the
same quarter of the previous year. The "Specialty Oxides" product segment
achieved revenues of EUR 15.4 million after EUR 17.0 million in the
comparable quarter. According to preliminary figures, the company achieved
operating profit (EBIT) of EUR 5.0 million in the first three months of 2024
(previous year: EUR 5.2 million). The EBIT margin (EBIT as a percentage of
total performance) was 9.3% in the first quarter of 2024.

Given the current economic and industry-related environment, Nabaltec
expects revenues for 2024 to be slightly above the level of the previous
year 2023 (EUR 200.1 million). In terms of earnings, Nabaltec expects an
EBIT margin in a range of 7% to 9% after 9.1% in the 2023 Financial Year.
Johannes Heckmann: "We expect positive impulses in particular from an
increase in volume across a wide product range as well as a slight increase
in demand in the area of flame protection in Europe and for new
applications, especially in thermal management. At the same time, we remain
cautious in our forecast for the current financial year due to the overall
situation in the chemical industry."

Note: The 2023 Annual Report and the 2023 Annual Financial Statements for
Nabaltec AG are available for download at
www.nabaltec.de/en/investor-relations/financial-reports.

About Nabaltec AG:

Nabaltec AG, with registered office in Schwandorf, a chemicals business
which has received multiple awards for innovativeness, manufactures,
develops and distributes highly specialized products based on aluminum
hydroxide and aluminum oxide on an industrial scale through its two product
segments, "Functional Fillers" and "Specialty Alumina." The company's
product range includes eco-friendly flame retardant fillers and functional
additives for the plastics industry. Flame retardant fillers are used e.g.
in cables in tunnels, airports, high-rise buildings and electronic devices,
while additives have applications in catalysis and in electric vehicles.
Nabaltec also produces specialty oxides for use in technical ceramics, the
refractory and polishing industries. Nabaltec maintains production sites in
Germany and the US and plans to continue to develop its market position by
expanding capacity, further optimizing processes and quality and making
strategic extensions to its product range. On the strength of its specialty
products, the company strives to attain the market leadership in each
segment.

Contact:

     Kerstin Schuierer                Frank Ostermair/Vera Müller
     Nabaltec AG                      Better Orange IR & HV AG
     Phone: +49 9431 53-204           Phone: +49 89 8896906-14
     Fax: +49 9431 53-260             Fax: +49 89 8896906-66
     E-mail:                          E-mail:
     InvestorRelations@nabaltec.de    nabaltec@linkmarketservices.eu

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25.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   Language:       English
   Company:        Nabaltec AG
                   Alustraße 50-52
                   92421 Schwandorf
                   Germany
   Phone:          +49 9431 53-0
   Fax:            +49 9431 53-260
   E-mail:         info@nabaltec.de
   Internet:       www.nabaltec.de
   ISIN:           DE000A0KPPR7, DE000A1EWL99
   WKN:            A0KPPR, A1EWL9
   Indices:        Scale 30
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Scale), Hamburg, Munich, Stuttgart,
                   Tradegate Exchange
   EQS News ID:    1889183

End of News EQS News Service
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1889183 25.04.2024 CET/CEST