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sur Brockhaus Capital Management AG (isin : DE000A2GSU42)

Brockhaus Technologies AG Reports Profitable Growth in H1 2024

Brockhaus Technologies AG achieved significant growth in the first half of 2024. Revenue rose by 30% to €109 million compared to H1 2023. Adjusted EBITDA increased by 31% to €38 million, representing a 34.6% margin. These results confirm the 2024 forecast.

The Financial Technologies segment, led by Bikeleasing, saw a 42.8% revenue increase. The number of corporate customers increased to approximately 67,000, marking the strongest H1 customer growth since its founding. Conversely, the Security Technologies segment, IHSE, experienced a 19.4% decline in revenue but witnessed a substantial increase in order backlog.

Brockhaus Technologies projects 2024 revenue to range between €220 million and €240 million, with adjusted EBITDA between €80 million and €90 million. The financial reports and earnings call are scheduled for August 14, 2024.

R. H.

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