03.05.2024 16:58:05 - dpa-AFX: EQS-Adhoc: BOOSTER Precision Components GmbH: BOOSTER Precision Components GmbH: Year-on-year change in Q1 2024 earnings performance and consideration of a tap issue of the corporate bond (english)

BOOSTER Precision Components GmbH: BOOSTER Precision Components GmbH:
Year-on-year change in Q1 2024 earnings performance and consideration of a tap
issue of the corporate bond

EQS-Ad-hoc: BOOSTER Precision Components GmbH / Key word(s): Quarter
Results/Bond
BOOSTER Precision Components GmbH: BOOSTER Precision Components GmbH:
Year-on-year change in Q1 2024 earnings performance and consideration of a
tap issue of the corporate bond

03-May-2024 / 16:57 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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BOOSTER Precision Components GmbH: Year-on-year change in Q1 2024 earnings
performance and consideration of a tap issue of the corporate bond

Frankfurt a. M., 3 MAY 2024 - BOOSTER Precision Components GmbH (Bond; ISIN
NO0012713520) today finalised its preliminary unaudited figures for the
first quarter of 2024.

Based on these preliminary figures for the first quarter of 2024, BOOSTER
posted revenues of EUR 43.4 million, which are lower than in the same period
of the previous year (Q1 2023: EUR 47.3 million). The company's EBITDA
declined from EUR 5.6 million to EUR 4.5 million. The revenue and earnings
decline was due to weaker than expected demand and an unfavourable product
mix.

The Management Board has initiated measures to counteract the negative trend
and is maintaining its full-year guidance.

Accordingly, the Group expects revenues to grow moderately in a single-digit
percentage range compared to the previous year (2023: EUR 183.6 million).
Assuming energy prices and raw material costs to remain stable and further
demand meets management expectations, the Group foresees a moderate increase
in earnings (EBITDA 2023: EUR 21.3 million).

In addition, the Company considers the initiation of a Written Procedure
under its outstanding bonds (ISIN NO0012713520) with a potential EUR 18
million tap issue to follow in order to refinance its subordinated loan
provided by Eurazeo.

The interim Q1 2024 report will be published until end of May 2024.

The Management Board

BOOSTER Precision Components GmbH

Contact:

BOOSTER Precision Components GmbH
Bockenheimer Landstraße 93
60325 Frankfurt a. M.
T +49 69 76758193
mail@booster-precision.com


End of Inside Information

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03-May-2024 CET/CEST The EQS Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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   Language:       English
   Company:        BOOSTER Precision Components GmbH
                   Bockenheimer Landstraße 93
                   60325 Frankfurt am Main
                   Germany
   Internet:       https://www.booster-precision.com/
   ISIN:           NO0012713520
   WKN:            A30V3Z
   Listed:         Regulated Unofficial Market in Frankfurt; FNSE
   EQS News ID:    1895539




End of Announcement EQS News Service
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1895539 03-May-2024 CET/CEST

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