(09:00 AM) Based on the good business development in all four Business Units as well as the mostly successful passing on of increased costs for raw materials, energy and transport to customers, the Board of Management of SGL Carbon SE expects to exceed the given guidance for the fiscal year 2022. Accordingly, SGL Carbon SE is increasing its sales and earnings guidance for fiscal year 2022.
The Company expects to exceed the upper end of the stated range of its Group EBITDApre1 (earnings before interest, taxes and depreciation adjusted by non-recurring items and one-time effects) guidance for the fiscal year 2022 of EUR 110 - 130 million and is raising its EBITDApre guidance for 2022 to EUR 130 - 150 million. Correspondingly, EBITpre1 (earnings before interest and tax adjusted by non-recurring items and one-time effects) is now forecasted to be between EUR 70 - 90 million (previously: EUR 50 - 70 million). The sales guidance is also raised to around EUR 1.1 billion for the current fiscal year, originally expected to be at the level of the previous year (EUR 1,007.0 million).
In line with the development of earnings, the forecast for return on capital employed (ROCE) of originally 5% - 7% is raised to 7% - 9%. The expectations for free cash flow remain unaffected by the forecast increase. Free cash flow is still expected to be significantly lower in 2022 than in the previous year (previous year: EUR 111.5 million).
The new forecast for fiscal 2022 has been drawn up on the basis of the prevailing market environment and assumes no deterioration in conditions, in particular due to the war in Ukraine and its consequences for the global economy. In particular, it is assumed that sufficient electricity and gas will be available and production lines will remain in operation. The communicated medium-term targets up to 2025 remain unaffected by the forecast adjustment.
SGL Carbon will publish its 2022 half-year figures as planned on August 4, 2022.
1The definition of key figures used in this release is aligned to the Annual Report 2021. There were no changes in the scope of consolidation or accounting methods compared with the previous guidance.
More from SGL
20/03/2023
For many years, SGL Carbon has been providing vocational training in a wide range of occupations, whether at our sites in Bonn, Meitingen, Willich, Innkreis, or...
08/03/2023
On 06 March 2023, SGL Carbon's fiber production plant in Muir of Ord has welcomed Trade Minister Ivan McKee as he tours the Highlands meeting businesses mak...
17/02/2023
As part of the realignment of SGL Carbon, strategic options were developed for all Business Units. In this context, the site network of the Business Unit Compos...
15/02/2023
Last December, apprentices at SGL Carbon in Meitingen again had a small sales booth at the Christmas market. The proceeds have now been donated to the Dominikus...
14/02/2023
Dr. h.c. Susanne Klatten informed the Board of Management of SGL Carbon SE to re...
10/02/2023
On February 10, 2023, SGL Carbon welcomed a US delegation in Meitingen to learn about the dual training program in Germany. The delegation, a total of 19 manufa...
06/02/2023
SGL Carbon SEs corporate family rating was raised from B3 to B2 by the renowned rating agency Moodys Investors Services . The rating of the guaranteed senior s...
18/11/2022
At the former Siemens-Plania in Meitingen, a predecessor company of todays SGL Carbon, a total of more than 200 foreign prisoners of war and civilian workers we...
03/11/2022
After 270.9 million in Q1 2022 and 278.9 million in Q2, SGL Carbon increased its consolidated sales to 304.1 million in Q3 2022. After nine months, this corr...
27/09/2022
With around 170 employees, fiber composite components for the automotive industr...
15/09/2022
SGL CARBON SE
Wiesbaden
- ISIN DE00723501 -
Disclosure of material transactio...
15/09/2022
Results Notice regarding the
Repurchase Invitation by
SGL CARBON SE
(the Comp...
14/09/2022
Repurchase Invitation by
SGL CARBON SE
(the Company)
to the holders of its
E...
14/09/2022
Wiesbaden, September 14 2022.SGL Carbon SE (the Issuer or SGL Carbon) today successfully completed the placement of unsubordinated, unsecured convertible bond...
06/09/2022
(07:33 PM) Due to the continued good business development, especially in the Car...
05/09/2022
SGL Carbon continues to focus on training its own young talents. This year, SGL Carbon GmbH in Meitingen is training two industrial mechanics, two cutting machi...
16/08/2022
Finally live again: From August 22 to 26, 2022, the process industry will meet a...
10/08/2022
SGL Carbon will significantly increase capacities for the production of graphite...
04/08/2022
Despite uncertain general conditions in the first six months 2022, SGL Carbons business model is proving its resilience. After 270.9 million in Q1 2022, SGL Ca...
22/07/2022
On July 12, 2022, six apprentices who are currently completing their first year of training at SGL Carbon or at Brembo SGL, a joint venture belonging to SGL, vi...
26/06/2022
It all started with electric street lighting in Berlin, as well as electrically conductive components for electric trains and the melting of steel - the industr...
07/06/2022
(09:00 AM) Based on the good business development in all four Business Units as well as the mostly successful passing on of increased costs for raw materials, e...
02/06/2022
On 21.05.2022, the IHK and the Handwerkskammer held the exhibition for the first time after 2019 again in presence. With about 3000 interested visitors and 155 ...
24/05/2022
Standard & Poors Global Ratings (S&P) raises its long-term rating for SGL Carbon to B- and its issue rating on its financial instruments to B. The outlook for t...
24/05/2022
Due to Corona, our Annual General Meeting (AGM) was again held virtually in the head office in Wiesbaden on May 17, 2022. Registered shareholders were able to v...
05/05/2022
SGL Carbon generated consolidated sales of 270.9 million in Q1 2022 (Q1 2021: 241.5 million). This corresponds to an increase of 29.4 million or 12.2% compar...
14/04/2022
Arousing the viewers interest right at the beginning of a video - the students of Class 10e of the Realschule Meitingen clearly demonstrated this during their f...
30/03/2022
Composites for a Sustainable World - under this theme the JEC World, the larges...
25/03/2022
(03:00 PM) SGL Carbon SE today signed an agreement on the cancellation of its ex...
24/03/2022
A total of eleven apprentices from Meitingen and six apprentices from Bonn compl...
24/03/2022
Rising demand in almost all market segments led to a 9.5% increase in Group sale...
21/02/2022
Tomorrows working world will be largely characterized by digital tools and digital communication. In a new type of project, the students of Class 10e at the Rea...
08/02/2022
As an energy-intensive company, SGL Carbon has a special responsibility to reduce CO2 emissions. Therefore, one of our key ESG targets is to reduce our own CO2 ...
02/02/2022
SIGRAFLEX is our product brand for flexible graphite for use as a versatile and reliable sealing material for the chemical industry and many other sectors as we...
26/01/2022
We make our sustainability efforts measurable. We regularly review our sustainability progress and improve our ESG strategy. In dialog with our stakeholders, we...
26/11/2021
Our SGL site in Bonn looks back on a long tradition as a successful training company and also offers new training courses time and again. A new branch with a pr...
26/11/2021
As of January 17, 2022, R diger Krieger has succeeded Markus Partik as manager of the SGL Carbon site in Meitingen. In addition, he also took over the managemen...
26/11/2021
As of January 17, 2022, R diger Krieger has succeeded Markus Partik as manager of the SGL Carbon site in Meitingen. In addition, he also took over the managemen...
22/11/2021
On November 10, 2021, the Automotive Division of the Society of Plastics Engineers (SPE ) in Michigan hosted its 50th annual Automotive Innovation Awards Gala, ...
11/11/2021
Following consolidated sales of 241.5 million in Q1 2021 and 255.2 million in Q2 2021, Q3 2021 confirms SGL Carbons encouraging sales performance with 246.8 ...
10/11/2021
At the beginning of September 2021, SGL Graphite Solutions Polska sp. z o.o. in Nowy S cz held the opening ceremony for a new apprenticeship center.
As part of...
28/09/2021
SGL Carbon now produces its own green electricity at its site in Ort im Innkreis. A photovoltaic system was installed on the roof of the plant. In cooperation w...
07/09/2021
SGL Carbon is expanding and modernizing its soft felt production. The company invested a single digit million euros in the last two years into an additional car...
23/08/2021
SGL Carbon is modernizing its production for porous and extruded graphite investing around million 10 USD at its site in Morganton, North Carolina, USA until th...
12/08/2021
While the past fiscal year 2020 was still characterized by a Corona-related slum...
12/05/2021
SGL Carbons consolidated sales amounted to 241.5 million in the first quarter (...
10/03/2021
(09:24 AM) SGL Carbon GmbH, a 100% subsidiary of SGL Carbon SE, today received a...
10/03/2021
SGL Carbon, a leading supplier of graphite and carbon products, today received a...
(09:00 AM) Based on the good business development in all four Business Units as well as the mostly successful passing on of increased costs for raw materials, energy and transport to customers, the Board of Management of SGL Carbon SE expects to exceed the given guidance for the fiscal year 2022. Accordingly, SGL Carbon SE is increasing its sales and earnings guidance for fiscal year 2022.
